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Investors Lose $14,000 Amid Korean Market Swings
The article discusses the significant volatility of South Korea's tech-heavy Kospi index, which experienced a sharp correction amid global AI market enthusiasm. Many local investors faced considerable losses, especially those who used leverage to invest heavily in tech stocks like SK Hynix and Samsung, leading to widespread margin calls. The market swings have affected individual investors' savings and prompted calls for more cautious investing amid fears of overexposure to volatile tech stocks.
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