Japanese and South Korean equities closed lower as concerns over AI regulation weighed on the market, according to Gate data cited by Odaily. Japan’s Nikkei 225 fell 1,110.73 points, or 1.79%, to close at 61,077.90. In South Korea, the KOSPI dropped 300.15 points, or 5.28%, ending at 5,383.65. The KOSDAQ, South Korea’s junior market index, lost 5.11%. During the session, sidecar mechanisms were triggered in succession, temporarily halting program trading. Among major tech names, SK Hynix fell 9.45% and Samsung Electronics declined 7.56%. The move came as AI regulation concerns spread across regional equity markets.
Japanese and South Korean stocks closed lower as worries over AI regulation pressured regional markets, according to Gate data cited by Odaily.
Japan’s Nikkei 225 closed down 1,110.73 points, a decline of 1.79%, at 61,077.90.
South Korea’s KOSPI closed down 300.15 points, or 5.28%, at 5,383.65. The KOSDAQ, the country’s junior market index, fell 5.11%. During the trading session, sidecar mechanisms were triggered in succession, temporarily suspending program trading. SK Hynix fell 9.45%, while Samsung Electronics dropped 7.56%.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
