Japanese and South Korean stock markets close lower; Korean stocks drop over 5%

On November 5, according to Bitget market data, AI regulatory concerns impacted Japanese and South Korean stock markets. The Nikkei 225 index closed down 1,110.73 points, dropping 1.79% to 61,077.90 points. South Korea's KOSPI index closed down 300.15 points, falling 5.28% to 5,383.65 points, marking its lowest close since April 3, with chip and defense stocks leading the decline. South Korea's KOSDAQ index fell 5.11%, triggering circuit breakers during trading hours and temporarily halting algorithmic trading; SK Hynix dropped 9.45%, while Samsung Electronics declined 7.56%.