Article
From FOMO To Oh No! Koreans Face Massive Forced Liquidations As AI Bubble Bursts
From FOMO To Oh No! Koreans Face Massive Forced Liquidations As AI Bubble Bursts
Korean retail investors’ aggressive leveraged bets on the market’s two dominant AI/Semi names - Samsung Electronics and SK Hynix - are now colliding with a sharp KOSPI correction, triggering the largest wave of forced stock sales in years and raising the specter of a self-reinforcing liquidation spiral.
At its peak last week, the benchmark KOSPI index was up 100% for 2026, rivaling the Nasdaq 100 Index’s 102% surge in 1999 - right before the bubble burst...
Last week...
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