From October, South Korean retail investors net purchased 3.548 billion USD of SOXL, accounting for nearly 74% of total net US stock purchases during the same period

Odaily report: According to data from the Korea Securities Depository, from October 1 to 22, South Korean individual investors cumulatively net purchased approximately 4.8 billion USD of US stocks, of which the net purchase amount of the triple-leveraged US semiconductor ETF (SOXL) reached 3.548 billion USD (approximately 4.7 trillion KRW), accounting for 73.9% of the total net US stock purchases during the same period.

At the same time, as the Korea Composite Stock Price Index (KOSPI) fell cumulatively by 18.83% this month, from October 1 to 23, individual investors net purchased a total of 315.4 billion KRW of single-stock leveraged products related to Samsung Electronics and SK Hynix, marking the first return to monthly net purchases after regulatory tightening at the end of July. (Chosun Ilbo)