business π South Korea's AI stock bubble popped
South Korea's AI-driven stock boom led to market turmoil due to heavy leverage. Companies like Samsung Electronics and SK Hynix drove the KOSPI from around 3,000 to over 9,000 points between June 2025 and June 2026. The introduction of leveraged ETFs amplified investor bets, making gains and losses steeper. When the market corrected, forced selling triggered margin calls, spiraling the decline. Consequently, the KOSPI triggered its circuit breaker six times in 2026 alone. π