Kospi rally hits pause, but experts see rebound ahead

The Kospi has lost momentum after a blistering first-half rally, fueling fears that the semiconductor cycle is nearing its peak and casting doubt over the market’s next move. The benchmark has remained range-bound in recent months, and weakening conviction in chip heavyweights Samsung Electronics and SK hynix keeps it from recapturing its earlier highs. Does this retreat mark a pause before another advance or will it be the beginning of a prolonged stall? For its 73rd anniversary special edition