Short Bets Spike to Two-Year Peak as Seoul Stocks Plunge on AI Concerns

SEOUL, Nov. 6 (Korea Bizwire) – Short-selling transactions rose to the highest in over two years when the South Korean stock market crashed earlier this week on artificial intelligence (AI) valuation concerns, industry data showed Thursday. On Wednesday, the country’s benchmark Korea Composite Stock Price Index (KOSPI) closed more than 2 percent lower, after once [...]