South Korea's Kospi Bear Market: Buy the Dip or Wait?

South Korea's Kospi index has entered a bear market, falling 27% from its yearly high to 6,852 points, wiping out over $2.5 trillion in market value as heavyweights like Samsung and SK Hynix decline. The selloff is concentrated in semiconductor and AI-related stocks, with Samsung down 30% and SK Hynix down 42% from their peaks. Analysts cite profit-taking, high margin loan levels, and foreign investor selling as key factors ahead of the central bank's Thursday rate decision. The index has recovered from an August low of 5,279 points and now trades near its 50-day EMA. A rally above 7,198 would invalidate the bearish outlook, while a hawkish rate decision risks pushing the index toward 6,000.