Single-stock leveraged ETFs fuel volatility in Korean semiconductor stocks as regulators tighten oversight

NVDL -6.18% TQQQ -5.95% TSLL -4.20%

1. 1Single-stock leveraged ETFs launched in the US in 2022 are surging in Asia, amplifying bets on Samsung Electronics and SK Hynix and stoking market volatility
2. 2Hong Kong-listed CSOP 2x SK Hynix ETF plunged 83% in one month after its late-June peak, while assets remained at HK$31.9 billion (US$4 billion)
3. 3Korea's Financial Services Commission announced a ban on promotional activities and a moratorium on new launches in July, and the finance minister apologized to the National Assembly for insufficient review

Source MarketWatch +1 · View original ↗

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