Korea margin cascade
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Korea margin cascade
· @KobeissiLetter
Source
Absolutely incredible.
In an unprecedented move, South Korea's stock market just collapsed -44% in 40 days, erasing -$2 trillion in market cap.
Now, South Korea's finance ministry has announced plans to "stabilize" the market.
What is happening? Let us explain.
(a thread)
Takeaway
Kobeissi (cartographer class — harvest the number, verify before use) frames the Korea unwind: KOSPI collapse + finance-ministry stabilization response.
Related
8 events DateTypeEvent
Jul 29 SourceKorea margin cascade Jul 31 TweetKorean retail's 2x inverse SK Hynix ETF lost ~60% in one day when the squeeze snapped back Jul 31 NewsKOSPI's largest one-day gain in history; the unwind's anatomy gets numbers — captured 2026-07-31 EOW Jul 31 ArticleOne Seller: Anatomy of the AI Whiplash Jul 13 Desk NoteVertical: Memory & Storage — read the −15% correctly Jul 13 Redditr/stocks — SK Hynix tumbles 15% in Seoul AFTER a record Nasdaq ADR debut ($26.5B, 7x oversubscribed, ADR +13%) Jul 13 InvestigationThe memory selloff is an ASP repricing — and the $26.5B raise is the tell Jul 29 Market SignalRisk Off Cluster Mu Wulf Invalidated Duty Pass Source links
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