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#Asianmarket
Good morning.
[Morning news ☕]
Asian stock markets are experiencing a morning under strong selling pressure today. This is the worst session on technology markets in weeks.
Seoul is seeing a dramatic sell-off. The Kospi has plummeted at a pace triggering further trading suspensions (sell sidecar and circuit breaker), while Samsung and SK Hynix are each down several percent. The reason for the concerns is a report of a breakthrough by China in EUV lithography technology, which strikes at the global chip supply chain previously dominated by ASML.
#GPW #Nikkei #Kospi #ASML
Good morning.
[Morning news ☕]
Asian stock markets are experiencing a morning under strong selling pressure today. This is the worst session on technology markets in weeks.
Seoul is seeing a dramatic sell-off. The Kospi has plummeted at a pace triggering further trading suspensions (sell sidecar and circuit breaker), while Samsung and SK Hynix are each down several percent. The reason for the concerns is a report of a breakthrough by China in EUV lithography technology, which strikes at the global chip supply chain previously dominated by ASML.
#GPW #Nikkei #Kospi #ASML
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