--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/43098362.md" description: "πŸ“’ 𝐉𝐔𝐒𝐓 𝐈𝐍: KOSPI jumps as much as 14% in record intraday gainSouth Korea stocks rebounded on Friday as large tech capex plans rekindled AI-driven buying. The benchmark KOSPI rose as much as 14% intraday, its largest single-day intraday gain on record. SK Hynix surged up to 28% after SK Group chairman Choi Tae-won made an unusual direct share purchase; Samsung Electronics climbed as much as 26%. The KOSPI had fallen 17% over the prior three sessions amid concerns about rising leverage at major global tech firms. The AI-led rally, which accelerated after leveraged products launched in May, has become highly volatile. NH Investment & Securities head of Korea cash equities Shawn Oh said recent AI tech sell-offs driven by deleveraging, risk reduction, liquidations and other liquidity factors may be stabilizing. Japan’s Nikkei 225 also gained around 4% in early trade, breaking above 64,000." datetime: "2026-07-31T00:36:43.000Z" locales: - [en](https://longbridge.com/en/topics/43098362.md) - [zh-CN](https://longbridge.com/zh-CN/topics/43098362.md) - [zh-HK](https://longbridge.com/zh-HK/topics/43098362.md) author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)" --- # πŸ“’ 𝐉𝐔𝐒𝐓 𝐈𝐍: KOSPI jumps as much as 14% in re… ### Related Stocks - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md)