Korean media: Wealthy investors recently bought single-stock leveraged ETFs for Samsung Electronics and SK Hynix
Odaily Planet Daily News High-net-worth individuals with financial assets of over 10 billion KRW are also actively buying leveraged ETFs linked to individual stocks of Samsung Electronics and SK Hynix. Among retail investors, those in their 40s have the largest purchases of single-stock leveraged ETFs for Samsung Electronics and SK Hynix.
《Seoul Economic Daily》 commissioned a major securities firm to analyze the investment portfolios of 25,000 high-net-worth individuals from May 27 to July 10 this year. The analysis found that among the top five assets by net buying value, three were single-stock leveraged ETFs linked to Samsung Electronics and SK Hynix. They net purchased 178.1 billion KRW worth of "KODEX SK Hynix Single Stock Leveraged ETF" and 140.1 billion KRW worth of "TIGER SK Hynix Single Stock Leveraged ETF," and also bought 116.6 billion KRW worth of "KODEX Samsung Electronics Single Stock Leveraged ETF." Given that the remaining two of the top five assets were also ordinary stocks of Samsung Electronics and SK Hynix, this suggests that wealthy investors adopted a strategy of heavily betting on the "two giants" of the Korean stock market.
