Sangmi Cha

South Korea’s equity market extended declines, pushing the benchmark gauge toward a technical bear market as investors reassessed the outlook for artificial intelligence demand.

Retail fervor over leveraged ETFs in South Korea has grown so intense that the products, together with the two chipmaker stocks they track, now make up more than 70% of trading value in the $4.3 trillion market.

SK Hynix Inc.’s record-setting US debut is paving the way for a fresh wave of leveraged products tied to the South Korean memory giant’s shares, bringing to Wall Street the popular bets that have amplified the stock’s volatility in Seoul.

(Bloomberg) -- SK Hynix Inc.'s record-setting US debut is paving the way for a fresh wave of leveraged products tied to the South Korean memory

A estreia recorde da SK Hynix Inc. nos EUA está abrindo caminho para uma nova onda de produtos alavancados atrelados às ações da fabricante sul-coreana de chips de memória, levando a Wall Street as apostas populares que ampliaram a volatilidade do papel em Seul.

South Korea’s blistering stock rally has left investors facing an unlikely backdrop: equities trading at record-low valuations.

SK Hynix Inc. shares declined in Seoul on Monday after the memory chipmaker’s highly anticipated US trading debut.

Die Aktie von SK Hynix ist am Montag um zeitweise mehr als 14% gefallen, nachdem am Freitag der mit Spannung erwartete Handelsstart der US-Notierung des Speicherchip-Herstellers erfolgt war. Händler nannten Gewinnmitnahmen und eine Verlagerung in die American Depositary Receipts (ADRs) als wichtigste Gründe.

La fuerte apuesta de los inversionistas por la inteligencia artificial en Corea del Sur sufrió un duro revés este lunes, luego de que SK Hynix Inc. se desplomara un récord de 15%, reflejando la creciente preocupación de que el auge del sector se haya sobreextendido.

SK Hynix Inc. shares fluctuated in Seoul, reflecting the AI memory selloff on Wall Street prompting some buying into weakness.