KOSPI Pulls Back as Leverage, Chip Hype and Policy Talk Spur Profit Taking
South Korea's benchmark equity gauge retreated after a sharp advance, with analysts pointing to higher leverage in the market, profit taking ahead of Micron's earnings, and concerns over overheated sentiment following SK Hynix's market-cap surge past Samsung. Talks among lawmakers on taxing unrealized gains and delays to SK Hynix's ADR listing, alo…