**[Bloomberg: South Korea's Stock Market is Becoming a Key Indicator for Global AI Stock Trading]** BlockBeats News, July 19, according to Bloomberg, South Korea's approximately $4 trillion stock market is becoming an important window for fund managers in London, New York, and Tokyo to observe global AI risk appetite. The price fluctuations of Samsung Electronics and SK Hynix continue to ripple through global chip stocks, with some Japanese traders now adding the KOSPI Index to their daily watchlists. The correlation between the South Korean market and U.S. tech stocks has significantly strengthened. Bloomberg data shows that the 60-day correlation coefficient between the KOSPI Index and the Nasdaq 100 Index has risen to 0.46, nearing a two-year high and roughly three times the five-year average of 0.16. Last week, the South Korean market fell nearly 9% at one point due to renewed doubts about AI demand prospects, with the decline subsequently spreading to Wall Street. SK Hynix's American Depositary Receipts dropped 9.3%. However, the high-leverage trading in the South Korean market has also amplified volatility. The KOSPI Index has fallen 25% from its June peak, wiping out approximately $1 trillion in market value, with the stock prices of Samsung Electronics and SK Hynix both down by at least 30%. Recently, South Korea suspended the listing of new single-stock leveraged trading products to curb speculation and market volatility. Nevertheless, the KOSPI Index has still risen 62% year-to-date, ranking among the top performers in major global markets. Given the critical role of Samsung Electronics and SK Hynix in memory chip supply, multiple institutional analysts believe that as long as the AI trend continues, South Korea's stock market will remain a key indicator for global AI and semiconductor trading. [Original Link]