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From stock euphoria to panic: South Korea investors face painful market fallout

South Koreas KOSPI has fallen about 30% from its June 19 peak as a retail-driven stock market boom fuelled by leveraged products turned into a sharp sell-off. The market fallout has left investors facing substantial losses, while raising concerns over financial-market reforms, retail leverage and South Koreas ambitions to secure developed-market status.

21 Aug 2026 1:12 pm