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2026-07-13

SK Hynix plunged about 10% in Seoul on Monday, dragging the KOSPI, after the memory-chip maker rose 13% in its US trading debut last Friday. A Seoul active-equity manager said the New York gains appear priced in, leaving the stock exposed to large in

SK Hynix plunged about 10% in Seoul on Monday, dragging the KOSPI, after the memory-chip maker rose 13% in its US trading debut last Friday. A Seoul active-equity manager said the New York gains appear priced in, leaving the stock exposed to large intraday profit-taking and arbitrage unwinds. The $26.5bn US offering — viewed as a barometer of overseas financing demand and the durability of the AI rally — was over 7x oversubscribed despite concerns about elevated AI valuations and capex. SK Hynix is a major supplier of high-bandwidth memory (HBM) for NVIDIA.
2026-07-13

China's Shanghai Composite Index widened losses to 1%, the Shenzhen Composite fell 1.79% and the ChiNext Index dropped 1.48%.

China's Shanghai Composite Index widened losses to 1%, the Shenzhen Composite fell 1.79% and the ChiNext Index dropped 1.48%.
2026-07-13

The Shanghai Composite Index fell by 1%, the Shenzhen Component Index fell by 1.79%, and the ChiNext Index fell by 1.48%.

The Shanghai Composite Index fell by 1%, the Shenzhen Component Index fell by 1.79%, and the ChiNext Index fell by 1.48%.
2026-07-13

Beijing Stock Exchange 50 Index declines widen to 3%.

Beijing Stock Exchange 50 Index declines widen to 3%.
2026-07-13

The Beijing Stock Exchange 50 Index fell by 3%.

The Beijing Stock Exchange 50 Index fell by 3%.
2026-07-13

China A-share commercial space sector extended losses; Aerospace Power hit its limit down, and Shanghai Harbor, Aerospace Development, Higer Communications, Tongyu Communications and Shenjian Co. also hit limit down.

China A-share commercial space sector extended losses; Aerospace Power hit its limit down, and Shanghai Harbor, Aerospace Development, Higer Communications, Tongyu Communications and Shenjian Co. also hit limit down.
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