South Korea's KOSPI crashes 8%, triggering a market-wide trading halt
KOSPI plunged about 8% on July 13 after heavy profit-taking following SK Hynix’s large US offering and ADR debut, triggering a 20-minute market-wide halt and wiping hundreds of billions off market value; an Indian AI startup, Emergent, was noted as being valued at $1.5 billion in the report.
