The most troublesome part of the Korean stock market right now isn’t just the drop—it’s that it’s become overly dependent on Samsung and SK Hynix. Today, SK Hynix fell by more than 15% at one point, and Samsung also dropped sharply, directly dragging the KOSPI lower and even triggering a temporary trading halt during the session. In plain terms, the Korean stock market is, to a large extent, trading the AI memory and chip cycle. The index is currently near a key support level.

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