星球日报|7月 20, 2026 04:59
[SK Hynix 2x Leveraged ETF Drops About 70% from Peak]
Odaily Planet Daily reports that Korean retail investors betting on AI leverage have suffered significant losses following a sharp market reversal, exposing the risks brought by speculative trading frenzy. Investors holding single-stock leveraged ETFs tied to Samsung Electronics and SK Hynix have been hit particularly hard. According to KB Financial Group data, since the launch of single-stock leveraged ETFs on May 27, Korean retail investors have made net purchases of 14 trillion won (approximately $9.4 billion), while foreign investors have purchased about 2 trillion won. Currently, the situation is unfavorable for them. Data from LSEG shows that the KODEX SK Hynix Leveraged ETF, which offers 2x long exposure to SK Hynix's stock price, has dropped about 70% from its peak in June and has cumulatively declined about 50% since its launch. One investor wrote on a Korean online trading forum: 'I wish I could go back to before I started investing in stocks. Give me my money back.' (CNBC)
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