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Samsung SK Hynix Leveraged ETF to Launch Soon
Svmuu News: South Korea is set to launch a single leveraged exchange-traded fund (ETF) linked to semiconductor giants Samsung Electronics and SK Hynix this Wednesday, offering investors the potential for higher returns. According to documents released by the Financial Services Commission and the Financial Supervisory Service, eight asset management firms—Samsung Asset Management, Mirae Asset, Korea Investment, KB, Shinhan, Hanwha, Kiwoom, and Asiana—will list a total of 16 single-leveraged and inverse ETFs based on Samsung Electronics and SK Hynix on the South Korean stock market. Mirae Asset Securities will also launch two types of exchange-traded notes (ETNs). The launch comes as South Korean investors increasingly turn to overseas-listed leveraged products linked to local stocks, and as South Korean regulators seek to draw retail trading activity back to the domestic market. Samsung Electronics and SK Hynix are South Korea’s two largest companies and are both major beneficiaries of the growing demand for AI-related chips. With over 14 million retail investors in South Korea, analysts expect strong demand for the new funds amid sustained enthusiasm for AI-related investments. Net inflows into leveraged ETFs linked to Samsung and SK Hynix could reach as high as 5.3 trillion won. (STAR Market Daily)
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