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Samsung, SK Hynix Slide Causes $137 Billion Hit to Korea Pension

Samsung, SK Hynix Slide Causes $137 Billion Hit to Korea Pension

South Korea's main pension fund took a $137 billion hit after a decline in stakes of equities including Samsung Electronics and SK Hynix.

The decline was driven by a global sell-off in tech stocks and concerns about the semiconductor industry.

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