Korean Retail Investors Face Major Losses Due to Leveraged ETFs Amid US Tech Market Decline

Reported about 6 hours ago

South Korean retail investors, who aggressively placed leveraged bets on US tech stocks, are facing significant losses as the market experiences a downturn. Holding substantial stakes in exchange-traded funds that amplify movements of indices like the Nasdaq 100, these investors are now under pressure as regulations tighten and the Financial Services Commission monitors potential investor losses, especially following a recent significant drop in stock prices.

Source: YAHOO

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