Hong Kong, July 28, 2026 (AFP) - Seoul, Tokyo lead Asian plunge as tech stocks suffer fresh rout

NAMPA / AFP

2026-07-28

South Korea's Kospi collapsed 10 percent as tech took a battering on another black day for Asian stock markets, with a report of a breakthrough in China's chip industry compounding worries about the longevity of the AI boom. The losses extended a sell-off across the industry globally following an eye-watering rally over the past two years that has sent several indexes and companies to record highs. They also overshadowed a more upbeat outlook ove......

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