SK Hynix to close $28 billion ADR bookbuild on Wednesday after oversubscription, source says

South Korea's KOSPI closes down 5.35% at 7,246.79; KOSDAQ drops 5.56% to 785.00 as sell-side sidecar curbs triggered on both bourses amid heightened volatility.

South Korean stocks closed sharply lower on July 8, 2026, with the benchmark KOSPI falling 5.35% to 7,246.79 and the tech-heavy KOSDAQ dropping 5.56% to 785.00, after sell-side trading curbs were triggered on both markets.

South Korea's benchmark equity index slides toward a technical bear market as investors reassess AI demand outlook, extending recent declines across the Kospi.

South Korea's equity market extended declines, pushing the benchmark index toward a technical bear market as investors reassessed the outlook for artificial intelligence demand.

South Korea's KOSPI falls 4.8%, extending loss from June peak to 20%

South Korea's KOSPI index falls 4.8%, extending its decline from the June peak to 20%.

Shanghai Iluvatar CoreX Semiconductor weighs Hong Kong share sale to raise at least $800 million after stock surge since January IPO, sources say.

Shanghai Iluvatar CoreX Semiconductor is considering a share sale to raise at least $800 million in Hong Kong after its stock soared since its January IPO, according to people familiar with the matter.