Korean Retail Investors Bet KRW 157.3B on Stock Declines, Suffer Losses on July 15 as Samsung and SK Hynix Rally

According to Korea Exchange and KOSCOM, Korean retail investors on July 15 purchased 67 billion Korean won (KRW) in SK Hynix 2X Inverse ETF and 90.3 billion KRW in Samsung Electronics 2X Inverse ETF, betting on further declines. Both semiconductor stocks surged the same day, causing significant losses for the investors. The inverse leveraged ETF positions were liquidated as prices moved opposite to their directional bets.
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