Korea Pullback: Buy the Dip or Wait and See?

After surging over 120% from the start of the year to its peak in June, South Korea’s KOSPI index experienced severe volatility in July, enduring nine separate circuit-breaker halts amid a global pullback in semiconductor stocks. While heavyweights Samsung Electronics and SK Hynix led the initial AI-driven rally, the rapid rise of retail-driven single-stock leveraged ETFs amplified the subsequent market sell-off. Terence Ng, Associate Director of Equities at AIIMAN Asset Management, joins BFM’s Morning Brief to break down the mechanics behind the KOSPI’s extreme price swings.He discusses whether the recent slump offers an attractive entry point for long-term investors, how retail leverage impacted market stability, and where non-tech sector opportunities lie across Korean equities.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.