Asia’s tech shares plunge after narrow rally raises valuation concerns
For example, in South Korea the SK hynix stock dropped nearly 10% as concerns over stretched valuations and concentrated index weights resurfaced.
Analysts say the prior 200%+ surge in some chip names exposed structural vulnerabilities despite broader optimism around global AI investment.
Asia’s tech shares plunge after narrow rally raises valuation concerns
For example, in South Korea the SK hynix stock dropped nearly 10% as concerns over stretched valuations and concentrated index weights resurfaced.
Analysts say the prior 200%+ surge in some chip names exposed structural vulnerabilities despite broader optimism around global AI investment.
Asia’s tech rally faces correction as concentrated gains and valuation risks prompt investor pull-back.
For example, in South Korea the SK hynix stock dropped nearly 10% as concerns over stretched valuations and concentrated index weights resurfaced.
Analysts say the prior 200%+ surge in some chip names exposed structural vulnerabilities despite broader optimism around global AI investment.
For example, in South Korea the SK hynix stock dropped nearly 10% as concerns over stretched valuations and concentrated index weights resurfaced.
Analysts say the prior 200%+ surge in some chip names exposed structural vulnerabilities despite broader optimism around global AI investment.