Inverse Leveraged ETFs Plunge 26% as SK Hynix and Samsung Electronics Rally on July 15

According to Korea Exchange and Korea Securities Computing data, South Korean retail investors faced significant losses on July 15 after betting on further declines in SK Hynix and Samsung Electronics through inverse leveraged exchange-traded funds (ETFs). The "SOL SK Hynix Futures Single-Stock Inverse 2X" ETF dropped 25.87% to 8,280 Korean won, while the "PLUS Samsung Electronics Futures Single-Stock Inverse 2X" ETF fell 15.71% to 14,190 won, after both stocks surged during the trading session. SK Hynix gained 12% and Samsung Electronics rose 8%. Data showed retail investors had shifted 1.0647 trillion won from SK Hynix leveraged products and 712 billion won from Samsung Electronics leveraged products into inverse products on the previous trading day, anticipating further declines.
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