Huileng Tan on Muck Rack

Huileng Tan

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Singapore
As seen in: Business Insider, MSN, MSN Ireland, MSN Österreich, Yahoo Entertainment, Yahoo Life, Business Insider Africa, Business Insider Nordic, Markets Insider, MSN Deutschland, MSN India and
Senior Business News Reporter @BusinessInsider reach me at htan@insider.com in en | zh | fr svp

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South Korea's Kospi bounces back after chip and tech market rout Original

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By Huileng Tan Verified
| Business Insider Verified
Asian markets steadied on Wednesday after a bruising tech-led selloff rattled global investors. South Korea's benchmark Kospi index led the gains, rising as much as 4.6% in early trade after plunging 10% on Tuesday. Chip giants Samsung Electronics and SK Hynix climbed as much as 8.6% and 5%, respectively. Elsewhere, trading was mixed. Japan's Nikkei 225 was 0.1% lower at 11:14 a.m. local time after briefly trading in the green. Hong Kong's Hang Seng Index slipped 0.1%.
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A brutal tech sell-off sends South Korea's Kospi down 10% Original

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By Huileng Tan Verified
| Business Insider Verified
South Korea's stock market ended nearly 10% lower on Tuesday as investors dumped AI-linked names amid a global tech selloff. One of the world's hottest stock markets this year, the Kospi tripped a circuit breaker and closed 9.99% lower on Tuesday in its biggest decline since March 4. The selloff followed weakness on Wall Street, where Big Tech losses dragged the Nasdaq Composite down 1.3% on Monday even as the Dow rose 0.3%.
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A brutal tech sell-off sent the world's hottest stock market down 10% and is spreading to the US

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By Huileng Tan Verified, Theron Mohamed Verified, Will Martin
| Aol Verified
An AI-fueled rally has left the South Korean stock market especially exposed to any reversal in market sentiment.Jade Gao/AFP/Getty Images South Korea's Kospi plummeted nearly 10% as investors fled AI stocks in a brutal tech sell-off. The sell-off in Asia has spread to Europe and looks set to hit the US at the open. Futures in the tech-heavy Nasdaq point to a drop of nearly 3% on Tuesday. Global stock markets are tumbling on Tuesday as investors dump AI-linked names amid a major tech sell-off.
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