Banks Curb Hedge Fund Bets on SK Hynix, Samsung After Wild Moves
Global banks are curbing hedge funds’ leveraged bets on Asia’s top chipmakers including SK Hynix Inc. and Samsung Electronics Co. after a blistering rally this year raised concerns of a potential pullback, according to people familiar with the matter.
South Korean Stocks Rebound on AI Confidence
- Seoul shares surge over 8% on AI confidence, Iran-Israel ceasefire; won sharply up The Korea Herald —
- Seoul shares up over 3% late Tuesday morning on chip rebound Korea Times —
- KOSPI retakes 8,000 mark as chip stocks lead sharp rebound Korea Times —
- Korean Stocks Jump 8% as Chip Shares Rebound After AI Selloff Bloomberg —
- South Korea's Kospi rebounds as chip stocks rally Seeking Alpha —