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The South Korean KOSPI index has dropped below 5700 points, hitting a new low since April 7th, with SK Hynix falling around 53% from its June high.

Jul 29, 10:04

July 29, according to Bitget market data, the South Korean KOSPI index continued to decline below 5700 points, hitting a new low since April 7, with an intraday drop of over 5%. SK Hynix fell more than 9%, with a total market value falling below 100 trillion Korean won, a decrease of about 53% from the peak in June. Samsung Electronics fell by 4.1%.