South Korean Retail Investors Shift Billions to US Stocks Amid ETF Curbs
South Korean retail investors have purchased a net $7 billion in US equities over two months while rapidly exiting domestic leveraged semiconductor ETFs. The capital realignment follows recent regulatory tightening aimed at curbing speculative day trading.
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Day Traders Are Abandoning Korean Chip Leveraged ETFs in Droves
An onerous mock trading course is becoming an effective tool for South Korea to cool investor fervor over risky products that have turned the country’s $4.3 trillion stock market extremely volatile.
By Youkyung Lee
Read full article →S. Korean individual investors purchase net $7b worth of US stocks in 2 months
South Korean individual investors purchased over $7 billion worth of US stocks over the past two months amid a correction in the local equity market, industry data showed Sunday. Retail investors bought a net $7.04 billion worth of stocks in the US market from July 1 through Thursday, according to data from the online portal operated by the Korea Securities Depository. Over the same period, they purchased a net 8.75 trillion won ($6.34 billion) in the benchmark Korea Composite Stock Price Index
By The Korea Herald
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