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Add as a preferred source on GoogleSouth Korea Plans Steps After Samsung, SK Hynix Shares Fall
The finance minister said the government would act to keep stock-market reactions from straying excessively from fundamentals after the chipmakers fell 12% and 15% in Nextrade premarket trading.
South Korea’s finance minister said the government would take necessary measures to limit excessive departures from fundamentals after Samsung Electronics and SK Hynix shares fell in Nextrade premarket trading.
Samsung Electronics shares fell 12%, while SK Hynix shares dropped 15%. The minister made the statement Friday, Nov. 6.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.