Please read this - from ChatGPT -

South Korean retail investors suffered severe losses on SK Hynix (SKHY) and Samsung following a brutal chip stock crash in late July 2026. Disappointing earnings, fears of an overextended AI hardware bubble, and the rapid unravelling of high-risk, single-stock leveraged ETFs and margin debt triggered massive forced liquidations.

What Caused the LossesDisappointing Earnings: SK Hynix posted weaker-than-expected results and cautious guidance, bursting the high-flying semiconductor rally.Leveraged ETFs: Newly introduced single-stock leveraged exchange-traded funds allowed retail traders to make aggressive, magnified bets on chip makers.Forced Liquidations:

Plunging share prices triggered widespread margin calls and mechanical selling, nearly wiping out principal investments for hundreds of thousands of retail accounts.Political Fallout: The market rout triggered extreme panic on the Kospi index, leading to rare back-to-back circuit breakers and a public apology from South Korea's finance minister over the oversight of leveraged products.

I am of the opinion the selldown is not over .........

Please DYODD