Chip stocks drop 7% in South Korea, Tencent and Alibaba jump 6% after US midterms
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🚨 Samsung and SK Hynix shares tumbled over 7% while Tencent and Alibaba rallied 6%.
📉 Investors rotated from chipmakers to Chinese tech stocks after US midterm results.
💡 US Treasury yields fell as oil slid and Democratic gains reshaped market expectations.
Continue Reading:Chip stocks drop 7% in South Korea, Tencent and Alibaba jump 6% after US midterms
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