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The selloff is concentrated in chipmakers, with SK Hynix and Samsung falling harder than the broader indices, pointing to a tech-sector-led decline rather than a broad macro shock. This suggests near-term pressure on semiconductor-heavy Asian equities as investors reassess chip-sector valuations.
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Japan's Nikkei 225 closed down 2.65% at 62,907.84 on October 22, alongside a steeper 3.52% drop in South Korea's KOSPI to 5,533.76, led by SK Hynix (-5.48%) and Samsung Electronics (-4.02%).
The selloff is concentrated in chipmakers, with SK Hynix and Samsung falling harder than the broader indices, pointing to a tech-sector-led decline rather than a broad macro shock. This suggests near-term pressure on semiconductor-heavy Asian equities as investors reassess chip-sector valuations.
Jin10·10/20, 08:13 AM
Low impactJin10·10/22, 01:31 PM
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