Woofun AI data shows that the KOSPI index closed at 6820.60 points on July 16, marking a cumulative decline of approximately 19.5% from the June 30 close of 8476.48 points. Major semiconductor stocks drove the downturn, with Samsung Electronics falling 31.9% and SK Hynix dropping 38.3% from their respective highs.

Forced liquidations for South Korean securities companies totaled KRW 512.087 billion between July 1 and July 15, according to Korea Financial Investment Association FreeSIS data. The highest pressure occurred on July 9 and 10, accounting for 44% of the month's total. This weekly volume exceeded the previous five-week average by 30%, indicating concentrated passive selling rather than isolated adjustments.