US Tech Stock Decline Attracts Korean Retail Investors

Reported 2 days ago

Amid a downturn in US tech stocks, South Korean retail investors are pouring unprecedented amounts into the market, betting approximately $10.2 billion on heavily affected companies like Tesla and leveraged ETFs. Despite facing notable losses, many remain hopeful about long-term returns, highlighting a risk-taking appetite among Korean investors, which has raised concerns among regulators regarding potentially reckless trading behaviors.

Source: YAHOO

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