How Korean stocks turned from trusty bellwether to AI frenzy
Billions of dollars in leveraged bets on South Korea’s AI darlings have warped a stock market once revered as a reliable barometer of global growth into a wild casino, confounding both regulators and investors.
That volatility, felt on dealing desks from Tokyo to New York, has not only wreaked havoc with portfolios – it has also dramatically distorted investors’ views on fundamentals in South Korea, a market at the heart of the global AI boom.
