Why did the Kospi trigger a trading halt today?

The index fell fast enough to hit Korea Exchange thresholds, which paused trading for about 20 minutes. The halt aimed to cool panic and allow liquidity to rebuild. It followed heavy selling in AI‑linked chip leaders and a sharp move in the won, which together accelerated losses across the broader market.

What does the won moving above 1,500 per USD mean for HK investors?

A weaker won cuts HKD returns on unhedged Korean holdings and can raise hedging costs. During rapid FX moves, margin needs may rise, spreads can widen, and execution risk increases. HK investors should verify hedge status, use limit orders, and reduce leverage that depends on stable collateral values.

Are SK hynix shares attractive after today’s drop?

It depends on earnings resilience and how guidance for HBM capacity and demand evolves. Valuation improved after the fall, but volatility and FX risk remain high. We prefer staged entries, focusing on fundamentals and liquidity. Wait for clearer signals from management and stabilization in the won before adding risk.

What near-term signals could stabilize Korean equities?

A steadier won, calmer oil prices, and supportive liquidity cues from the Bank of Korea would help. Company updates that reaffirm shipment plans and margins can also rebuild confidence. Reduced positioning in crowded AI trades and narrower ETF discounts would signal healthier market function after the initial shock.

Global Market Insights

000660.KS Stock Today, March 04: Kospi Halt, Won Slide Hit Chipmakers

ByDanny Kontos March 4, 2026March 4, 2026

A sharp Korean stock market crash hit Asia trading today after the Kospi sank as much as 12% and triggered a 20‑minute halt. SK hynix (000660.KS) and Samsung led declines as the won briefly climbed above 1,500 per USD. The Bank of Korea held an emergency meeting and signaled readiness to act. With oil jumping on Middle East tensions, we expect higher volatility across regional tech. Here is what HK investors should know about prices, currency, and near‑term catalysts.