South Korea stock bubble explodes as leveraged gamblers get crushed in 8% KOSPI crash and SK Hynix 15% wipeout.
Classic leverage-fueled bubble where easy credit and FOMO turned a sector rally into a national gambling frenzy. KOSPI trading halted for 20 minutes after 8% plunge — 7th halt of 2026. SK Hynix down 15% in single day, on track for biggest monthly drop since Oct 2008. Koreans poured wealth from memory stocks into 3x …