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According to data released by a South Korean lawmaker's office, in just a few months, retail investors lost about 2.3 trillion won while tracking leveraged ETF products from South Korea's two major chip giants. According to the office of South Korea's opposition National Power Party member Choi Eun-seok, this is a loss suffered by customers of 10 South Korean brokerage firms from investing in single-stock ETFs and notes linked to Samsung Electronics and SK Hynix between May 27 and August 14.
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According to data released by a South Korean lawmaker's office, in just a few months, retail investors lost about 2.3 trillion won while tracking leveraged ETF products from South Korea's two major chip giants. According to the office of South Korea's opposition National Power Party member Choi Eun-seok, this is a loss suffered by customers of 10 South Korean brokerage firms from investing in single-stock ETFs and notes linked to Samsung Electronics and SK Hynix between May 27 and August 14.
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