Finance Minister Koo Yoon-cheol apologized to a lawmaker on Wednesday after two consecutive circuit-breaker halts in Korean stocks, saying the government regretted introducing a single-stock leveraged ETF without sufficient deliberation. Koo said officials are internally studying market-stabilization measures and that further adjustments to rules on single-stock leveraged ETFs are possible to address volatility. The KOSPI plunged as much as 12% intraday following an early-session drop of over 6%

Zhongji Xuchuang told investors its 1.6T ASP is well above market rumours and the industry is not engaging in cutthroat price competition. Overall demand is very strong, raw materials are scarce and 1.6T deliveries are tight; only a few vendors can deliver 1.6T at scale. The company says its pricing is competitive and can sustain current gross margins. Nearly all customer orders already cover full-year 2026, with some orders extending into 2027 and delivery schedules broken down monthly. For 2027 the company sees clear, high-certainty demand and rapid growth for 800G, 1.6T, 2.4T and NPO products; several key customers have issued sizeable new-product guidance for 2028. Zhongji Xuchuang expects downstream key customers’ capex to remain robust and customer investment in the sector to continue rising.

力拓(RIO.N)首席执行官：正在关注美国铜库存的增加，以应对关税决定。