China Memory Chip Shock Trips Korea Trading Curb, Rattles Asian Risk
Korea’s first sell-side curb in two months hit Tuesday as foreigners dumped ₩948.8 billion of stock on China’s CXMT DRAM plans. Bitcoin briefly fell below $81,000. The rupee held firm on RBI curbs, while Russian diesel supply hopes cooled Brent despite Gulf strike risk.
Nictick #2026-0068270 characters
Nictick — educational context
CXMT plans mass output of next-gen DRAM this year, though yields are unproven. FPIs have already pulled a record ₹3.08 trillion from India in 2026, so Asian chip selling can widen outflows. US inflation data and ASML, TSMC results due this week are the next triggers.