Japanese and South Korean stock markets closed lower, with memory chip-related stocks continuing to face pressure, as SK Hynix fell 9.45%.

BlockBeats news, November 5th, according to Bitget market data, AI regulatory concerns hit Japanese and South Korean stock markets. The Nikkei 225 index closed down 1,110.73 points, a decline of 1.79%, at 61,077.90 points.

The South Korean KOSPI index closed down 300.15 points, a decline of 5.28%, at 5,383.65 points. The KOSDAQ fell 5.11%, triggering sidecar mechanisms successively during intraday trading, with program trading temporarily halted; SK Hynix fell 9.45%, and Samsung Electronics fell 7.56%.