Korean Retail Investors Buy $330M in Samsung and SK Hynix Leveraged ETFs
South Korean retail investors reversed selling trends to buy $330M in leveraged ETFs for Samsung Electronics and SK Hynix amid market declines and upcoming margin rule changes.
Woofun AI data shows that South Korean retail investors purchased approximately 450 billion won worth of individual stock leverage ETFs on July 24, reversing a three-day selling streak totaling 547 billion won. Net purchases included 103.8959 billion won in Samsung Electronics products and 350 billion won in SK Hynix products. This buying activity occurred despite the KOSPI index falling over 5% and the underlying stocks dropping 7% to 8%, which caused the leveraged ETFs to decline by 15% to 16%. Analysts suggest that lower prices attracted buyers, while some investors may be accumulating positions before new minimum margin requirements take effect on July 31.
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