BREAKING: 🇰🇷South Korea holds an EMERGENCY MEETING after its stock market crashed ~40% in just 6 weeks. What just happened: - Yesterday, KOSPI crashed 11%, forcing a 20-minute trading halt - Today, it fell another 12.6% before recovering to close down ~7% - An 8% drop triggered a second 20-minute trading halt - This marks the first time circuit breakers were triggered two days in a row - Up to $2.18 TRILLION has been wiped from the market - SK Hynix fell 9.6% after disappointing earnings - Margin calls and leveraged ETF selling made the crash worse - Officials apologized for approving risky leveraged ETFs tied to Samsung and SK Hynix - The government is now considering more steps to stabilize the market This is now one of the MOST SEVERE stock market crashes in South Korea’s history.(Coin Bureau)