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Korean Stocks Sink as Chipmakers Fall on Middle East Tensions, China IPO

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2026-07-24 03:39:55
South Korean stocks fell as funds cut exposure to chipmakers after overnight losses in US peers, with investors also weighing a Chinese rival’s imminent share sale and rising Middle East tensions, according to Bloomberg.

The slide in chipmakers helped drag the broader market lower as traders adjusted positions ahead of the IPO.
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