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Should Korean Markets Be Worried About China?
Published 3 weeks, 5 days ago
Description
A wave of market volatility hit Asian stocks last week, shattering months of AI-driven momentum. A key catalyst looked to be the blockbuster Shanghai debut of Chinese chipmaker CXMT. Its stock surged 466% on day one, stoking fears of aggressive domestic competition for semiconductor leaders like Samsung Electronics and SK Hynix.
Marvin Chen, Senior Asia Equity Strategist at Bloomberg Intelligence, joins BFM's Morning Brief to weigh in on whether markets overreacted to CXMT, what KOSPI’s high correlation with the Nasdaq means for tech investors, and what to expect from Beijing’s latest stimulus pledges.
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