South Korean Traders Face Liquidation as Leveraged Bets Unravel
South Korean retail investors face significant financial losses after a surge in leveraged bets on semiconductor giants Samsung Electronics and SK Hynix reversed sharply. According to data from KB Financial Group, retail investors purchased a net 14 trillion won ($9.4 billion) in single-stock leveraged ETFs since late May, while foreign investors bought only 2 trillion … Read more