IG Group market analyst Ye Junrong said last Friday’s sharp US tech sell-off
triggered the Asian tech pullback. A fading AI trade would hit equipment and
tools suppliers across the Asian AI supply chain. KRW weakness and potential
South Korean policy tightening could raise pressure on leveraged positions. He
views the post-runup correction as healthy and says corporate fundamentals
remain intact. Risks: forced deleveraging may amplify near-term volatility, and
upcoming inf data could lift bond yields and further compress growth stock
valuations.
