Asian tech stocks declined on October 14th amid a regional sell-off.
2 reports, 2 independent
Updated Wed 00:00
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What happened
Asian tech stocks declined on October 14th amid a regional sell-off.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Financial links established between Hong Kong ETFs and the stocks of SK Hynix and Samsung Electronics, starting on June 1st.Also in this story
- SK Hynix announced potential US ADR listing, market leadership in high-bandwidth memory, and analyst target price raises.
- Chip giants Samsung Electronics and SK Hynix drove market capitalization gains starting on June 1st.
The entities involved
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SK Hynix
South Korean memory semiconductor supplier
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Hong Kong
city and special administrative region of China
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Samsung Electronics
South Korean multinational electronics corporation
Related events
- Stock declines in Seoul reflect global semiconductor trends, highlighted by a Chinese firm's new denser server product.
- Mixed market activity in Seoul saw tech stocks decline amid Chinese competition, while shipping and entertainment sectors showed varied movement.
- A renewed sell-off is engulfing tech names as indices like Star Market 50, TAIEX, and Hang Seng Index decline due to issues in global artificial intelligence trade.
- Dan Ives noted foreign sell-off in Samsung shares and predicted Nasdaq could reach 30,000.
- Market sentiment regarding Samsung Electronics is being influenced by geopolitical risks in the Middle East and concerns over future Fed rate hikes.