韩国金融委回应争议：单一股票杠杆ETF并非股市波动的元凶

Odaily Planet Daily News According to Yonhap News, the Financial Services Commission (FSC) of South Korea stated that single-stock leveraged ETFs have played a significant role in preventing capital outflows to overseas stock markets. The FSC also pointed out that the volatility of semiconductor stocks in the U.S. and Japan has notably increased recently, responding to controversy over claims that single-stock leveraged ETFs are the "culprit" behind the recent heightened volatility in the South Korean stock market.

Byun Je-ho, Director of the Capital Markets Bureau at the FSC, said: "Some of the investment demand that was originally flowing to overseas markets has returned to the domestic market, and it has also effectively prevented new funds from continuing to flow abroad." He added, "I believe that the increased volatility in the South Korean stock market since the product's launch cannot simply be explained by single-stock leveraged ETFs. Against the backdrop of market funds being heavily concentrated in Samsung Electronics and SK Hynix, the repeated cycles of optimism and concern over the global semiconductor industry outlook have led to the expanded volatility of related products." (Jin Shi)