The South Korean stock market encountered "Black Monday"! Goldman Sachs speaks out against the trend: after the shock pullback, there is hope for a rebound as corporate profits continue to drive growth.

According to the 36kr Finance APP, as investors withdraw their bets on artificial intelligence (AI) driving the global stock market bull market, the South Korean stock market experienced a "Black Monday," with the Kospi opening sharply lower and triggering a circuit breaker. As of the time of writing, the Kospi index fell by more than 8%, Samsung Electronics fell by more than 9%, and SK Hynix fell by nearly 7%. The Korea Exchange held an emergency market assessment meeting on June 8 to assess the current market volatility and discuss measures to stabilize market operations.