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South Korea's KOSPI index opened higher on Monday, at one point rising over 2%, led by chip stocks, while KOSDAQ triggered the SIDECAR mechanism.
The Korea Composite Stock Price Index (KOSPI) opened higher on Monday, surging over 2% during intraday trading before paring some gains. Chip stocks were in focus, with SK Hynix rising 1.5% after announcing an expansion plan worth over 54 trillion Korean Won (approximately 40 billion US dollars), and Samsung Electronics gaining about 2.3%. On the same day, the Korea Exchange activated the KOSDAQ SIDECAR mechanism, suspending programmatic buying.
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Source：华尔街见闻 · Source Link
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