金融市场

Tech sell-off widens as South Korea index plunges

Asian markets start week sharply lower after Nasdaq’s big Friday fall

A tech sell-off continued in Asia on Monday after South Korea’s stock market plunged in early trading, triggering a 20-minute trading halt.

The Kospi fell as much as 8.8 per cent as chipmakers Samsung Electronics and SK Hynix both dropped more than 10 per cent.

The two companies, which account for about 40 per cent of the index, pared losses in late-morning trading and cut the Kospi’s decline to less than 5 per cent.

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