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CNBC: Why the World’s Top-Performing Stock Market in 2025 Is Seeing Historic Volatility

Jason Hsu says Korea is a bit of an outlier compared with other markets, noting the KOSPI is heavily concentrated in a few tech stocks, amplifying market moves.

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Disclosure: The securities identified and described do not represent all of the securities purchased, sold or recommended for client accounts. The reader should not assume that an investment in the securities identified was or will be profitable. This podcast contains opinions that do not necessarily reflect those of Rayliant Investment Research. The opinions reflected herein are subject to change without notice. Investing involves risk, including loss of principal. Investing in emerging markets involves higher risks than investing in developed markets, including increased volatility and the potential for significant price fluctuations, which may also impact liquidity. Lower levels of regulatory oversight and less transparent financial systems may increase investment risk. AI-related investments may be highly volatile as valuations can fluctuate significantly based on technology developments, completive pressures and market sentiments. Rapid technological change could render certain AI products or companies obsolete, which could negatively impact investment values. Dependence on data availability, infrastructure and cybersecurity may expose AI companies to operational risks, including data breaches or system failures.

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