South Korea's KOSPI index plummeted nearly 8% in a single session due to a global AI selloff triggered by higher-than-expected U.S. inflation data, with semiconductor giants Samsung Electronics and SK Hynix leading the decline. However, the IMF upgraded South Korea's 2026 growth forecast to 3.3%, and valuations have compressed to historically low levels, suggesting this may be a temporary correction offering a buying opportunity for long-term investors.
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Matthews Korea Active ETF · NYSE ARCA
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