🔴 South Korea ETF (FLKR) is trading 3.6% down on October 13, 2026, as CXMT's memory advances

FLKR is trading at $54.02, down 3.59%, as investors react to reports of Chinese rival CXMT advancing higher-density memory technology.

• South Korea’s chip-heavy KOSPI sold off sharply; Samsung fell 7.4% and SK Hynix more than 10%.
• Samsung and SK Hynix make up 17.7% and 18.5% of FLKR, respectively, weighing heavily on the ETF. The catalyst is sector-specific, not a broad U.S. market drop.