How Korean stocks turned from trusty bellwether to AI frenzy
That volatility, felt on dealing desks from Tokyo to New York, has not only wreaked havoc with portfolios - it has also dramatically distorted investors' views on fundamentals in South Korea, a market at the heart of the global AI boom. More than half of all stock market circuit breakers on the benchmark KOSPI - trading curbs activated when the index loses more than 8% for at least a minute - in South Korean history have occurred in the past six months alone.
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