Why Is Everyone Selling Asian Stocks?

▶️ New: Which Southeast Asian economy will China's crash hurt most?    • Which Southeast Asian Economy Will China's...   ▶️ New: Which Asian stock market crashed the most?    • Which Asian Stock Market Crashed the Most?   In October 2026, Asia's two most important chipmakers reported record quarters, and their stock markets fell apart. Korea's KOSPI lost 20.7% in seven trading days and trading was halted mid-day on October 15. Foreign investors sold Taiwan stocks for nine straight days, NT$758.5 billion (about US$23.6 billion), and the Taiwan dollar slid until the central bank put out a rare statement. In one week, foreign investors pulled $28.3 billion out of eight Asian stock markets. So, is it 1997 again? We follow the ten trading days, day by day: a US 10-year yield at its highest since 2002, Samsung's record profit that didn't help, China's memory chips, the doubts over AI spending, Black Thursday in Seoul, Jakarta's worst day since 1998, and Taiwan's ninth day. Then we pull every trading day of foreign flows in Taiwan since 2004, compare 1997–98 with now (reserves, currencies, and the clearest sign of all: the won), and show how much of a typical emerging-markets fund is Taiwan and Korea. ⏱️ Chapters 0:00 Record profits, crashing markets 1:14 How high they climbed 2:07 Ten trading days 5:14 Where the money goes 6:33 Is it 1997 again? 9:27 Where it reaches you 10:03 What to watch 📊 Sources Taiwan Stock Exchange (three-institutional-investor data, every trading day since 2004; market values) · Central Bank of the Republic of China (Taiwan): press release No. 166 (Oct 19, 2026), Taipei FX daily closes, foreign-held assets and reserves · Financial Supervisory Commission (via CNA, Economic Daily News) · Korea Exchange (closes, investor flows via Naver; circuit breakers via Yonhap) · KOFIA · Samsung Electronics Q3 2026 earnings guidance (Oct 8) · TSMC Q3 2026 results (Oct 15) · US BLS CPI (Oct 14) · Federal Reserve · CNBC (US Treasury yields) · MBSB Investment Bank weekly fund-flow report via Bernama (Oct 19) · iShares holdings files (EEM, IEMG, Oct 16) · Yahoo Finance (index and share prices) · BIS daily exchange rates · World Bank WDI · IMF (1997 Thailand news brief; Korea's 1997 arrangement) · US SEC report on the Oct 27, 1997 market break · HKMA · Hankyung, Newspim, Hankook Ilbo, Maeil, Korea Herald, JoongAng, Christian Science Monitor (1997 timeline) · Map: Natural Earth. Our own calculations: 9-day and single-day rankings of foreign net selling in Taiwan (records in NT$ and US$; relative to market value, March 2020 was larger), weights of TSMC, Samsung and SK Hynix in their markets, fund weights, 1997 vs 2026 currency and stock moves. 📷 Credits Charts drawn by Dominomics from TWSE, KRX, KOFIA, Taiwan's central bank, CNBC, BIS, World Bank, iShares and Yahoo Finance data · Map: Natural Earth. Photos and footage (cropped/resized/graded; free licences): · 4300streetcar / CC BY 4.0 (3 photos, 2025–2026: Taipei, TSMC Fab 18, SK hynix module) · Achabonn / CC BY 4.0 (1 photo, 2024) · Office of the President, Republic of China (Taiwan) / CC BY 2.0 (1 photo, 2021) · Jiang / public domain (1 photo, 2007) · Financial Supervisory Commission (Taiwan) / Government Website Open Information Announcement (1 photo, 2024) · Narubaru7 / CC BY 4.0 (1 photo, 2025) · S h y numis / CC BY 4.0 (1 photo, 2024) · The White House (Adam Schultz) / public domain (1 photo, 2022) · Oskar Alexanderson / CC BY-SA 2.0 (1 photo, 2009) · Padgriffin / CC BY 4.0 (1 photo, 2026) · National Archives of Korea / KOGL Type 1 (1 photo, 1998) · Supanut Arunoprayote / CC BY 4.0 (1 photo, 2021) · Marek Ślusarczyk / CC BY 3.0 (1 photo, 2013) · Federal Reserve / public domain (1 photo, 2011) · Secretariat General of the DPR (Indonesia) / public domain (1 photo, 1998) · Ruben Sukatendel / Unsplash (1 photo, 2022) · Pexels videos: Khan Ishaan, Alex Grant, Rafael Minguet Delgado, Esteban Maritorena, Steve B, MrColo, Tima Miroshnichenko ⚠️ For educational purposes only. Not financial advice: we don't recommend buying or selling any security. Market data as of October 16–19, 2026. 🎙️ Dominomics: every economy is a chain reaction. Subscribe to follow the next one. #KOSPI #TaiwanStocks #AsianFinancialCrisis 📩 Business inquiries: business@dominomicsofficial.com