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South Korea's Policy Chief Points to Multiple Factors Driving Stock Market Volatility on July 29

AI Industry News Stocks Indices

2026-07-28 23:13:34

According to the Yonhap News Agency, on July 29, South Korea's presidential policy chief Kim Yong-beom identified mounting volatility in the domestic stock market, citing factors including the DeepSeek shock, exchange-traded fund (ETF) spillovers, and variables from Chinese tech companies such as chipmakers and semiconductor equipment manufacturers. Kim noted that while market volatility is not unique to Korea, domestic market characteristics amplify the effect.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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