🔴 VDPG.L is trading 4% down today on South Korean tech crash and AI overinvestment fears

VDPG.L is trading 4% down as developed Asia-Pacific ex Japan equities sell off sharply following a brief quarter-end rebound.

• The decline is primarily driven by a heavy crash in South Korea’s Kospi, where major technology names like Samsung Electronics and SK Hynix plunged.
• Market sentiment has turned risk-off amid renewed concerns regarding AI overinvestment and memory-chip pricing stability.
• The move reflects a broader retreat across the Asia-Pacific complex, reversing recent gains as investors exit high-growth tech positions.