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South Korea’s Once-Hot AI Stocks Struggle for Buyers as Doubts Grow over Memory-Chip Boom
Foreign investors have pulled $131 billion from Korean stocks this year as Samsung and SK Hynix buybacks near completion, according to exchange data.
Summary by Business Times
4 Articles
4 Articles
Foreign investors flee South Korean stocks as AI boom loses steam
Investing.com -- South Korean stocks are struggling to attract buyers as enthusiasm for artificial intelligence-related investments fades, triggering heavy foreign outflows and a sharp decline in trading activity. Trading turnover in South Korea's $4.3 trillion equity market has plunged 70% from…
Coverage Details
Total News Sources4
Leaning Left0Leaning Right2Center1Last Updated67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
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