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South Korea's KOSPI plunges 7.57% as AI doubts rattle investors

Summary by Crypto Briefing
South Korea's KOSPI fell 7.57% to 5,554.22 as AI profitability doubts hit Samsung and SK Hynix, leaving the index about 40% below its June peak.

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(Seoul = Yonhap News) Reporter Kim Yu-ah = On the 23rd, the KOSPI and KOSDAQ both started with sharp declines and widened their losses.

·Seoul, Korea (the Republic of)
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On the 23rd, as the KOSPI fell more than 3% in early trading and the 5,400 mark collapsed, the status of the domestic stock market was displayed on the electronic display board of the Hana Bank dealing room in Jung-gu, Seoul.

Samsung Electronics and Hynix fall 2–3% on investment concerns sparked by Meta

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Crypto Briefing broke the news on Tuesday, October 20, 2026.
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