Fresh tech sell-off fears as South Korean stocks plunge

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Fresh tech sell-off fears as South Korean stocks plunge

South Korea’s blue-chip index plunged during Monday trading, as investors opted to cash out of SK Hynix following its blistering share price rally upon its Nasdaq debut last week, causing fears of a further tech sell-off to grow. The Kospi tumbled 8.9 per cent to 6,806.9 points, dragging it further from the coveted 9,000 mark [...]