Samsung SDI is trading 7.7% down at KRW 401,000 after a surprise Bank of Korea interest rate hike sparked a sharp selloff across South Korean equity markets.
- The unexpected monetary tightening is pressuring high-valuation tech and battery manufacturers as investors rotate out of growth stocks amid higher-rate concerns.
- Broader KOSPI weakness is being exacerbated by profit-taking in semiconductor and AI-linked shares following recent market volatility.