#kospiactivatessidecaronchipselloff 🚨 It seems KOSPI is shaking hard... Is the Korean market “fully mortgaged” to chips? 👀
While many think it’s just an ordinary selling session...
The sidecar mechanism in Korea has been triggered 37 times in 2026—exceeding even the record of 26 times during the 2008 crisis.
At first glance...
only a handful of technology stocks are falling.
But this is the striking part.
Samsung Electronics and SK Hynix currently account for roughly half of the KOSPI’s market value.
So all it takes is a global “sneeze” from the semiconductor sector... and the Korean market catches a cold too.
📉 On 16/7, SK Hynix fell by about 11%, while Samsung lost more than 7%...
And the sidecar was activated while many people hadn’t even finished their morning coffee yet.
🤣 The surprise is...
that many experts don’t see this as a sign that AI is “about to be over.”
Morningstar and Kiwoom believe most of the pressure comes from technical selling activity and automated capital flows, while demand for AI chips over the long term remains largely positive.
📌 Perspective for investors/traders:
What’s worth watching isn’t limited to the price of Samsung or SK Hynix.
🤔 In your view, is this just a wave of technical correction before the AI group regains strength, or proof that the Korean market is over-reliant on the semiconductor sector?
Please stay tuned
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