BUSINESSBLOOMBERG
Korean Stock Traders Unwind Leveraged Bets to Lowest Since April
South Korean investors reduced their leveraged stock positions to the lowest level in three months as losses in the memory-chip sector disrupted the market's upward trend.
Mentioned
Related Signal
Adjacent reporting
- 'Give me my money back': South Korean traders' leveraged SK Hynix, Samsung bets unravel after selloff
- Leveraged Chip Bets Backfire in Korea as Biggest ETF Falls 45%
- Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip
- Chinese Traders Unwind Leveraged Bets at Fastest Pace Since 2016
- South Korea stocks slump after first rate rise in 3 years