Targeting 'Samsung Electronics', Leverage Frenzy Crashes Over 30 Million Won Barrier... Retail Investors Sold 1.8 Trillion Won in a Month

7 trillion won worth of related products, including inverse ETFs, just over a month after government regulations on single-stock leverage products were tightened. Trading volume has also plummeted to one-nineteenth of the level prior to the regulations.
However, a "balloon effect" is also being detected, with investment demand shifting to index-type or overseas leverage products. 773 trillion won worth of 16 types of Samsung Electronics and SK Hynix single-stock leverage and inverse ETFs from the 31st of last month to the 28th of this month.
7 trillion won worth of related products, including inverse ETFs, just over a month after government regulations on single-stock leverage products were tightened. Trading volume has also plummeted to one-nineteenth of the level prior to the regulations.
This is a trend exactly opposite to that before the regulations. 2876 trillion won worth of related products from May 27, when single-stock leverage products were listed, until the 30th of last month, just before the increase in the minimum deposit requirement.
3511 trillion won worth of products related to SK Hynix and Samsung Electronics, respectively. 8534 trillion won on July 30.
However, the atmosphere changed rapidly as financial authorities raised the minimum deposit requirement from 10 million won to 30 million won starting July 31. 6 billion won worth of Samsung Electronics-related products.
The decline in trading volume was even more pronounced. 6787 trillion won.
1518 trillion won on July 31, the first day of the regulation's implementation, and further decreased to 537 billion won on August 28. 0059 trillion won, which is one-nineteenth of the level before the regulation.
Financial authorities are tightening regulations following criticism that single-stock leverage increases stock market volatility. Since the 19th, mock trading has been mandatory for single-stock investors, and additional regulations expanding the trading unit to 20 shares are also scheduled to be implemented within this coming November.
Market assessments suggest that following these regulations, supply and demand, which had been concentrated on Samsung Electronics and SK Hynix, have begun to disperse. Ha Jae-seok, a researcher at NH Investment & Securities, analyzed that "since August, the total net assets and trading volume of single-stock leverage have decreased, and the concentration on semiconductors has eased," noting that conditions have been created for the upward trend, which had been concentrated in semiconductors, to spread to other sectors.
However, a "balloon effect" has also emerged, with investment demand shifting to other leverage products. 9966 trillion won, while 'KODEX KOSDAQ 150 Leverage' and 'KODEX 200 Futures Inverse 2X' took 6th and 7th place, respectively.
Overseas leverage investment also continued.
7 billion won) of 'QLD,' an ETF that tracks the US Nasdaq 100 index at double leverage.
7 trillion won worth of related products, including inverse ETFs, just over a month after government regulations on single-stock leverage products were tightened. Trading volume has also plummeted to one-nineteenth of the level prior to the regulations.
[email protected] Seo Yoon-kyung Reporter