South Korea’s stock index opened with a sharp drop of over 4%, with Samsung Electronics and SK Hynix both falling more than 5%.

2026-07-20 by admin

TechFlow news, July 20, according to Bitget market data, the Korea KOSPI index opened down 283.95 points, or 4.16%, at 6536.65 points. Both Samsung Electronics and SK Hynix fell by more than 5%.

TechFlow (Deep Tide) news, July 20 - According to CoinMarketCap data, the top 100 cryptocurrencies by market cap are performing as follows:Top 5 Gainers:Pump.fun (PUMP) up 20.71%, currently at $0.002028;DeXe (DEXE) up 7.98%, currently at $34.90;Audiera (BEAT) up 7.82%, currently at $2.50;Jito (JTO) up 6.40%, currently at $0.6039;Virtuals Protocol (VIRTUAL) up 6.35%, currently at $0.6448.Top 5 Losers:Binance Life (Binance Life) down 8.23%, currently at $0.6298;Midnight (NIGHT) down 6.32%, currently at $0.02576;Canton (CC) down 2.71%, currently at $0.124;OFFICIAL TRUMP (TRUMP) down 2.50%, currently at $1.59;Zcash (ZEC) down 2.18%, currently at $542.18.

PANews, July 21st. According to Sina Finance citing South Korea's Seoul Economic Daily, on the 20th, the South Korean Democratic Party urged the Financial Services Commission (FSC) to conduct intensive monitoring of single-stock leveraged ETFs and, if necessary, formulate supplementary measures. On the same day, lawmakers from the Democratic Party, affiliated with the National Assembly's Political Affairs Committee, held a party-government consultation with the Financial Services Commission at the Yeouido National Assembly. They received work reports from officials including FSC Chairman Lee Eok-won. After the meeting, Park Sang-hyuk, the ruling party secretary of the National Assembly's Political Affairs Committee and a Democratic Party lawmaker, told reporters: 'The Financial Services Commission reported on the measures announced last Thursday. Lawmakers generally called for regulators to further strengthen market monitoring and situation assessment. If necessary, consideration should be given to researching and implementing more supplementary measures.'

PANews July 21 news, according to Sina Finance, a study by Nikkei shows that with the surge in artificial intelligence investment, the hidden debt of U.S. tech giants has grown eightfold in just four years, estimated to reach $1.65 trillion. This figure exceeds their actual debt on the books, making it harder for investors to assess related risks. Nikkei analyzed the recent financial statements and other materials of Google parent Alphabet, Microsoft, Amazon, Meta, and Oracle. Among them, Meta's off-balance-sheet debt is particularly high, at about $420 billion, almost three times its recorded debt.