BUSINESSCNBC TOP
Minister apologizes as Korean leveraged ETF investors nurse heavy losses amid chip stock rout
A minister apologized as Korean retail investors suffered significant losses from leveraged exchange-traded fund (ETF) investments following rule changes earlier this year. The losses occurred amid a decline in chip stock prices.
Related Signal
Adjacent reporting
- Leveraged Chip Bets Backfire in Korea as Biggest ETF Falls 45%
- Korean Stocks Tumble 9% on Chip Selloff, Triggers Trading Halt
- Korean Stocks Sink as Chipmakers Drop on Middle East, China IPO
- Korean Stocks Tumble After Reaching Milestone as Foreigners Sell
- 'Give me my money back': South Korean traders' leveraged SK Hynix, Samsung bets unravel after selloff