Watch Desk posted an update
South Korea’s KOSPI fell 6.02% on Friday, closing at 5,059.69 after dropping more than 8% and briefly slipping below 5,000. Yonhap says Samsung Electronics fell 6.35% and SK hynix 10.44% as investors worried a Democratic-controlled US Congress could slow AI data-centre construction.
Why it mattersThe episode puts a concrete market price on fears about AI infrastructure policy, though it does not show that new restrictions have been enacted. The Korea Times reports that the plunge triggered a 20-minute trading halt. South Korea’s government said it would temporarily ease requirements on leveraged investments for three months, starting Monday. Markets have managed to turn a hypothetical policy shift into a very real trading halt.
Discuss: Is the sell-off a sensible warning about data-centre risks, or are investors pricing in rules that may never arrive?
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