Tech Shares Drive Market Rebound in Seoul and China
Investors drove a sharp rebound in Seoul and Chinese stock markets on July 21, led by strong semiconductor exports and technology shares.
Stock markets in Seoul and China experienced a sharp rebound on July 21, 2026, as investors returned to semiconductor and technology shares. In Seoul, the Korea Composite Stocks Price Index climbed 3.56% to 6,747.95, with Samsung Electronics rising 6.15% and SK hynix adding 4.08%. This surge followed record semiconductor export growth for July and a bullish outlook from global investment banks.
China's tech-focused STAR50 index bounced 7%, while semiconductor shares rebounded 8.9%. The recovery in China followed a two-week market rout, and stability was bolstered by the securities regulator chief's commitment to maintain stable operations.
Additionally, shares of Naver rose 3.82%. This increase occurred amid reports that the company's executives plan to visit Brookfield in Canada to discuss financing for data center and AI projects.
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