South Korea’s KOSPI fell below 5,000 on Friday for the first time since February. A slide of 8% shortly after the opening triggered a circuit breaker, suspending trading for 20 minutes. SK Hynix shareholders suffered one of the sharpest losses of the day, with the stock sinking 11.71% to 1,116,000 won. The decline came despite the chipmaker reporting record quarterly sales the previous week.
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