The Korea Composite Stock Price Index plummeted 8% during the intraday period on the 15th, triggering a market breakdown mechanism. This is the 10th time this year that the Korean stock market has triggered a fusing mechanism. The Korea Exchange issued an announcement on the same day stating that KOSPI will suspend trading for 20 minutes from 12:38 local time on the 15th. Affected by this, all stock trading in the Korean marketable securities market was temporarily suspended, and related futures and options market transactions were also suspended simultaneously. When the fusing mechanism started, KOSPI reported 5528.05 points, down 480.76 points from the previous trading day, or 8%. Yonhap reported that the controversy over the return on investment in artificial intelligence heated up, and the Korean semiconductor sector led the decline. Analysts believe that the combination of factors such as recent financing bottlenecks faced by investment in artificial intelligence infrastructure and the continued weakening of US technology stocks and semiconductor stocks has had an impact on the semiconductor sector in the Korean stock market. The GOSDAQ index, known as the “Korean version of NASDAQ,” also fell sharply on the same day, which also triggered a market breakdown mechanism.

The Korea Composite Stock Price Index plummeted 8% intraday on the 15th, triggering a market breakdown mechanism. This is the 10th time this year that the Korean stock market has triggered a fusing mechanism. The Korea Exchange issued an announcement on the same day stating that KOSPI will suspend trading for 20 minutes from 12:38 local time on the 15th. Affected by this, all stock trading in the Korean marketable securities market was temporarily suspended, and related futures and options market transactions were also suspended simultaneously. When the fusing mechanism started, KOSPI reported 5528.05 points, down 480.76 points from the previous trading day, or 8%. Yonhap reported that the controversy over the return on investment in artificial intelligence heated up, and the Korean semiconductor sector led the decline. Analysts believe that the combination of factors such as recent financing bottlenecks faced by investment in artificial intelligence infrastructure and the continued weakening of US technology stocks and semiconductor stocks has had an impact on the semiconductor sector in the Korean stock market. The GOSDAQ index, known as the “Korean version of NASDAQ,” also fell sharply on the same day, which also triggered a market breakdown mechanism.