KOSPI fell below 6,000 points, down 5.59% intraday. SK Hynix dropped more than 7%; Samsung Electronics declined over 6%.

Hong Kong open Oct 15: HSI opened down 195.03 pts (-0.80%) at 24,119.14; Hang Seng Tech opened down 92.41 pts (-2.21%) at 4,082.06; HSCEI opened down 58.95 pts (-0.72%) at 8,124.22; Hang Seng Red Chip opened down 13.65 pts (-0.34%) at 4,050.40.

Chinese Premier Li Qiang said on Oct. 14 at the 140th Canton Fair in Guangzhou that China will continue to push high-quality development and expand high-level opening to add momentum to the global economy. He pledged to implement an expanded domestic-demand strategy and to further lower market-access thresholds to attract more foreign investment. Li also flagged deeper alignment with other countries’ development strategies and support for capable Chinese firms to undertake orderly outbound investment. He reaffirmed commitment to multilateralism and free trade, backing WTO reform and cooperation to shape future international trade rules.