Samsung Life Insurance is trading at KRW 256,000, down 4.30%, amid a sharp sell-off in South Korean equities; no company-specific catalyst is confirmed.
- The KOSPI closed 5.46% lower on October 13; foreign investors sold more than 4.5 trillion won, according to SBS.
- SBS linked the slump to fears about Chinese semiconductor competition and pressure on major technology stocks.
- Samsung Life announced a revised insurance policy for October 14; available reporting does not link it to the decline.