Korea Crashed: Goldman Explains What Happened And Why It Matters

South Korean stocks puked overnight from a record high as investors sold off chip heavyweights, delivering another outsized swing that has become a feature of the world’s best‑performing market this year.
The Kospi closed down 10%, with SK Hynix and Samsung both sliding more than 12%.
1. The prior concern was not about fundamentals alone, but about flow exhaustion