韩国芯片股杠杆ETF暴跌，最大ETF较高点回落逾60%

Odaily reported that a class of new leveraged products tracking major South Korean chip stocks is plunging sharply, exposing retail investors in South Korea who favor using these tools to amplify returns to massive losses. According to compiled foreign media data, since their listing at the end of May, the prices of over a dozen leveraged ETFs tracking Samsung Electronics and SK Hynix have nearly halved. Among them, the KODEX SK Hynix Single Stock Leveraged ETF, which manages assets of $3.4 billion and is the largest of its kind, has fallen approximately 45% since its listing, dropping over 60% from its June peak.

"This sharp decline in leveraged ETFs is particularly devastating for retail investors, as many seem to regard them as long-term investments rather than short-term trading tools," said Jung In Yun, CEO of Fibonacci Asset Management. "Massive losses on such ETFs could diminish retail investors' willingness and ability to buy semiconductor stocks, making the market's future recovery more dependent on foreign institutional capital inflows." (Jin Shi)