<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Asian.webp?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Asian.webp"/></p>
<p>韓國的 Kospi 指數今天（5 月 15 日）暴跌超過 6%，近期的反彈暫時停歇，投資者開始獲利了結。本週突破 8,000 的關鍵阻力位後，指數下跌至 7,585。</p>
<h2>本地和外國投資者正在拋售韓國股票</h2>
<p>週五，Kospi 指數暴跌超過 6%，這是自 3 月以來表現最差的一天，投資者在近期上漲後開始獲利了結。</p>
<p>數據顯示，外國投資者持續拋售其持股，其中大多數是拋售推動反彈的科技公司。數據顯示，科技子指數流出超過 25 億美元。</p>
<p>ETF.com 彙編的數據表明，iShares MSCI South Korea ETF（EWY）在過去三週內出現資金流出，資產減少超過 12 億美元。</p>
<p>有跡象表明，本地投資者也在拋售其 Kospi 資產，以在強勁反彈後獲利了結。儘管持續回調，但該指數今年已上漲超過 70%。</p>
<p>Kospi 指數的持續回調與其他全球股票的表現一致。在中國，上海指數下跌超過 0.42%，而恒生指數下跌超過 1.53%。</p>
<p>日本的日經 225 指數下跌超過 2%，因為該國的債券收益率持續強勁反彈。在澳大利亞，ASX 200 指數下跌 0.30%。美國股指期貨也從歷史高點回落。</p>
<p>唯一一個上漲的主要亞洲指數是印度的 Nifty 50，受到了阿達尼公司的推動，在特朗普政府決定結束對阿達尼及其公司的訴訟後，該公司股價大幅上漲。</p>
<p>Kospi 指數今年處於其最長的牛市之一，科技公司引領了這一漲勢。三星已經進入了 1 萬億美元俱樂部，而幾年前估值不足 1000 億美元的 SK 海力士正接近這一里程碑。</p>
<p>這些公司受益於持續的人工智能熱潮，導致對其芯片的需求高漲，這種需求沒有減弱的跡象。該指數還受益於持續的零售參與和促進股市投資的政府政策。</p>
<h2>Kospi 指數面臨一些重大風險</h2>
<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Kospi-Index.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="2770" height="1534" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Kospi-Index.png"/></p>
<p><em>Kospi 綜合指數圖表 | 來源：</em> <em>TradingView</em></p>
<p>儘管如此，分析師警告稱，Kospi 指數的持續反彈在長期內並不可持續。首先，它現在已成為全球最昂貴的指數之一，市盈率上升至 30，遠高於標準普爾 500 指數的 22。</p>
<p>技術指標也表明，該指數在過去幾個月中一直處於極度超買水平。這是該指數多年首次進入極度超買水平。在大多數情況下，超買資產往往會經歷劇烈回調。</p>
<p>該指數也處於 Wyckoff 理論的標記階段，隨後是分配和降價。因此，如果該指數在未來幾個月內跌至 5,000，我們也不會感到驚訝。</p>
<p>關於 Kospi 指數今天下跌的文章：它可能最終跌至 5k，首次出現在 Invezz 上。</p>

富時韓國 ETF - Franklin Templeton

韓國 MSCI ETF - iShares

<p>韓國 Kospi 指數今天下跌超過 6%，降至 7,585 點，投資者在近期反彈後獲利了結。外資主導了此次拋售，尤其是在科技股方面，導致超過 25 億美元的資金流出。儘管今年上漲了 70%，分析師警告該指數可能無法維持其漲幅，指出高估值和超買狀態，並預測在未來幾個月可能會跌至 5,000 點</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Asian.webp" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Asian.webp"/></p>
<p>South Korea’s Kospi Index crashed by over 6% today, May 15, as the recent rally took a breather and investors started to book profits. After crossing the key resistance at 8,000 this week, it plunged to 7,585.</p>
<div class="lb-trans"><p>韓國的 Kospi 指數今天（5 月 15 日）暴跌超過 6%，近期的反彈暫時停歇，投資者開始獲利了結。本週突破 8,000 的關鍵阻力位後，指數下跌至 7,585。</p>
</div><h2>Local and foreign investors are selling South Korean stocks</h2>
<div class="lb-trans"><h2>本地和外國投資者正在拋售韓國股票</h2>
</div><p>The Kospi Index tumbled by over 6% on Friday, its worst performance since March as investors started to book profits after its recent surge.</p>
<div class="lb-trans"><p>週五，Kospi 指數暴跌超過 6%，這是自 3 月以來表現最差的一天，投資者在近期上漲後開始獲利了結。</p>
</div><p>Data shows that foreign investors have continued selling their holdings, with most of the most dumping the technology companies that fueled the rally. Data shows that the tech subgauge experienced over $2.5 billion in outflows.</p>
<div class="lb-trans"><p>數據顯示，外國投資者持續拋售其持股，其中大多數是拋售推動反彈的科技公司。數據顯示，科技子指數流出超過 25 億美元。</p>
</div><p>Data compiled by ETF.com shows that the iShares MSCI South Korea ETF (EWY) has had outflows in the last three consecutive weeks, shedding over $1.2 billion in assets.</p>
<div class="lb-trans"><p>ETF.com 彙編的數據表明，iShares MSCI South Korea ETF（EWY）在過去三週內出現資金流出，資產減少超過 12 億美元。</p>
</div><p>There are signs that local investors are also selling their Kospi assets as they book profits following the strong rally. Despite the ongoing pullback, the index has jumped by over 70% this year.</p>
<div class="lb-trans"><p>有跡象表明，本地投資者也在拋售其 Kospi 資產，以在強勁反彈後獲利了結。儘管持續回調，但該指數今年已上漲超過 70%。</p>
</div><p>The ongoing Kospi Index pullback is also in line with that of other global stocks. In China, the Shanghai Index dropped by over 0.42%, while the Hang Seng Index dropped by over 1.53%.</p>
<div class="lb-trans"><p>Kospi 指數的持續回調與其他全球股票的表現一致。在中國，上海指數下跌超過 0.42%，而恒生指數下跌超過 1.53%。</p>
</div><p>Japan’s Nikkei 225 Index dropped by over 2% as the country's bond yields continued their strong rally. In Australia, the ASX 200 Index dropped by 0.30%. American stock index futures also pulled back from their all-time highs.</p>
<div class="lb-trans"><p>日本的日經 225 指數下跌超過 2%，因為該國的債券收益率持續強勁反彈。在澳大利亞，ASX 200 指數下跌 0.30%。美國股指期貨也從歷史高點回落。</p>
</div><p>The only major Asian index in the green was India’s Nifty 50, which received a boost from Adani companies <strong>,</strong> which jumped after the Trump administration moved to end lawsuits against Adani and his companies.</p>
<div class="lb-trans"><p>唯一一個上漲的主要亞洲指數是印度的 Nifty 50，受到了阿達尼公司的推動，在特朗普政府決定結束對阿達尼及其公司的訴訟後，該公司股價大幅上漲。</p>
</div><p>The Kospi Index has been in one of its longest bull markets this year, with technology companies leading the charge. Samsung has already entered the $1 trillion club, and SK Hynix, a company that was valued at less than $100 billion a few years ago is approaching that milestone.</p>
<div class="lb-trans"><p>Kospi 指數今年處於其最長的牛市之一，科技公司引領了這一漲勢。三星已經進入了 1 萬億美元俱樂部，而幾年前估值不足 1000 億美元的 SK 海力士正接近這一里程碑。</p>
</div><p>These companies have benefited from the ongoing AI boom that has led to high demand for their chips, and this demand is not showing signs of slowing down. The index has also benefited from the ongoing retail participation and government policies that promote stock market investments.</p>
<div class="lb-trans"><p>這些公司受益於持續的人工智能熱潮，導致對其芯片的需求高漲，這種需求沒有減弱的跡象。該指數還受益於持續的零售參與和促進股市投資的政府政策。</p>
</div><h2>Kospi Index is facing some major risks ahead</h2>
<div class="lb-trans"><h2>Kospi 指數面臨一些重大風險</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Kospi-Index.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Kospi-Index.png"/></p>
<p><em>Kospi Composite Index chart | Source:</em> <em>TradingView</em></p>
<div class="lb-trans"><p><em>Kospi 綜合指數圖表 | 來源：</em> <em>TradingView</em></p>
</div><p>Still, analysts caution that the ongoing Kospi Index rally is not sustainable in the long term. For one, it has now become one to the most expensive global indices, with its price-to-earnings ratio rising to 30, much higher than the S&amp;P 500 Index's 22.</p>
<div class="lb-trans"><p>儘管如此，分析師警告稱，Kospi 指數的持續反彈在長期內並不可持續。首先，它現在已成為全球最昂貴的指數之一，市盈率上升至 30，遠高於標準普爾 500 指數的 22。</p>
</div><p>Technicals also suggest that the index has remained in the extreme overbought levels in the past few months. It is the first time that the index has moved to extreme overbought levels in years. In most cases, highly overbought assets tend to experience sharp pullbacks.</p>
<div class="lb-trans"><p>技術指標也表明，該指數在過去幾個月中一直處於極度超買水平。這是該指數多年首次進入極度超買水平。在大多數情況下，超買資產往往會經歷劇烈回調。</p>
</div><p>The index is also in the markup phase of the Wyckoff Theory, which is followed by the distribution and markdown. As such, we would not be surprised if the index tumbled to 5,000 in the coming months.</p>
<div class="lb-trans"><p>該指數也處於 Wyckoff 理論的標記階段，隨後是分配和降價。因此，如果該指數在未來幾個月內跌至 5,000，我們也不會感到驚訝。</p>
</div><p>The post Kospi Index is falling today: here’s why it may eventually crash to 5k appeared first on Invezz</p>
<div class="lb-trans"><p>關於 Kospi 指數今天下跌的文章：它可能最終跌至 5k，首次出現在 Invezz 上。</p>
</div>

Kospi 指數今日下跌：以下是其可能最終跌至 5000 點的原因