SOUTH KOREA'S RETAIL INVESTORS ARE GETTING WIPED OUT. On July 13, SK Hynix crashed 15.4% in Seoul, dragging KOSPI down 8.95%, its third-worst session since Lehman. Trading was halted twice. Over 1.2 million leveraged accounts triggered margin calls. Around 320,000-360,000 have already been forcibly liquidated, some left owing money. Brokerage deposits have fallen ₩30 trillion, the lowest in 5 months. SK Hynix's US-listed ADR then surged as much as 27%, a different stock entirely, now trading at a near-50% premium over Seoul shares. Today, KOSPI clawed back 8.29%, adding an estimated $400 billion. The rebound came too late for anyone already liquidated.(Crypto Rover)