[Analysis: South Korean Stocks Plunge Over 20% From Peak, Poised to Enter Technical Bear Market] According to Jin10 reports, South Korean stocks extended their decline, with the KOSPI index dropping more than 6% intraday and falling over 20% from its June peak, signaling a potential entry into a technical bear market. Samsung Electronics and SK Hynix fell approximately 7% and 5%, respectively, as investors reassessed the outlook for AI demand. South Korea has been the world's best-performing stock market this year, but its heavy reliance on the two chipmakers makes it particularly vulnerable when industry sentiment shifts. Leveraged ETFs have amplified two-way fluctuations, further exacerbating market volatility. Despite Samsung Electronics reporting a 19-fold surge in quarterly profits this week, chip stocks continued their decline, highlighting that traders are demanding more evidence to justify the massive investments across the supply chain. Fidelity International portfolio manager Ian Samson stated: "The current increase in volatility is largely driven by fundamental uncertainties."