Sunday, September 27, 2026

Foreign Media Also Criticizes Samsung Electronics and SK hynix Leveraged ETF... Opposition: "Yet No Mention of Lee"

Input
2026-08-04 14:08:25
Updated
2026-08-04 14:08:25
Newsis [Financial News] Even foreign media outlets have taken issue with the government's response to the "roller KOSPI" caused by the single-stock leverage ETF (Exchange Traded Fund) for Samsung Electronics and SK Hynix (SamsungNix), leading to criticism that it is a "difficult market to invest in.
" In response, President Lee Jae-myung held a meeting to review the real estate and stock markets immediately upon returning from his overseas trip, but the Blue House briefing on the results did not include any content related to the stock market. The People Power Party took issue with this and repeatedly emphasized the need for a parliamentary investigation. On the 4th, a column published in foreign media titled "Korea is also becoming an unsuitable country for investment" was reported.
The column points out that volatility has been excessively amplified due to the SamsungNix leverage. It also analyzes that raising the target weighting for domestic stock investments by the National Pension Service has neutralized the market's adjustment function. Ultimately, this is a criticism of policy failure.
Although even foreign media stepped forward to raise criticism regarding the SamsungNix leverage, related content was omitted from the briefing on the results of the review meeting presided over by President Lee the previous day. The People Power Party pointed this out. In a commentary released today, Choi Eun-seok, the People Power Party's chief floor spokesperson, remarked, "It is said that President Lee presided over a review meeting for seven hours, but there are questionable aspects.
The meeting title clearly includes 'stock market,' yet there is no mention of the stock market anywhere in the disclosed meeting minutes. " He added, "If the single-stock leverage ETF disaster that shook the Republic of Korea was not discussed even once, that in itself is a problem.
" Chief Spokesperson Choi emphasized, "The People Power Party will thoroughly root out the causes and those responsible for this disaster and hold them accountable to the very end. " The People Power Party had previously officially proposed a parliamentary investigation into the stock market.
While the Democratic Party dismissed the proposal, stating it was not a matter for a parliamentary investigation, the People Power Party plans to submit a request for an investigation, even if acting unilaterally, and prepare a response strategy.
" In response, President Lee Jae-myung held a meeting to review the real estate and stock markets immediately upon returning from his overseas trip, but the Blue House briefing on the results did not include any content related to the stock market. The People Power Party took issue with this and repeatedly emphasized the need for a parliamentary investigation. On the 4th, a column published in foreign media titled "Korea is also becoming an unsuitable country for investment" was reported.
[email protected] Kim Yun-ho Reporter