Image: The StarSouth Koreaβs Kospi drops nearly 5% as some AI stocks swoon, while oil keeps climbing
β’ South Koreaβs Kospi index plummeted nearly 5% on Monday as investors sold off stocks linked to artificial intelligence. β’ In contrast, Hong Kongβs Hang Seng rose 2.1% to 25,105.78 and the Shanghai Composite gained 1.2% to 3,808.39. β’ Taiwanβs Taiex remained relatively stable, edging down less than 0.1% while TSMC climbed 2% following a 7.3% drop on Friday.
thestar.com
