#KoreaETFVolDown90

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About KoreaETFVolDown90

Korea raised the base margin on single-stock leveraged ETFs from ₩10M to ₩30M, and turnover in the 16 leveraged and inverse ETFs tied to Samsung and SK Hynix fell from ₩12.4T on July 30 to ~₩1.24T on Aug 3, just a tenth. KOSPI had fallen 18% over three prior sessions, then closed up 17.91% on July 31, a record single-day gain, before easing only 5.12% by Aug 3. Reports say the memory supercycle could run to 2029-2030. Whether real demand or real selling remains post-leverage, this week decides.