South Korea's KOSPI Intraday Loss Widens to 3%, Southern Funds' Double Down on Samsung Leads to Over 17% Decline

BlockBeats News, August 24th, according to Bitget market data, the South Korean KOSPI index saw its intraday loss expand to 3%, dropping below 6700 points.

The heavyweight stocks SK Hynix fell by 2.6%, while Samsung Electronics dropped over 8%.

As a result, the Southern double-long Samsung product plummeted over 17%.