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SoftBank jumps nearly 14% as Asian tech rebounds, CNBC reports
Bloomberg reports South Korea’s Kospi jumped more than 5% in early trading as chipmakers rallied.
TLDR
CNBC reports that Asian tech stocks rebounded after last week’s sell-off, with SoftBank up 13.88% and SK Hynix up 6.69%. South Korea’s Kospi jumped more than 5% in early trading, Bloomberg reports. Trade Nation analyst David Morrison cautioned in CNBC’s report that buying the dip might be premature.
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