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Korea Market Crashes Are Luring Traders Hooked on Leveraged ETFs

Buzz line6 days ago09 mins

In Hwaseong, about an hour south of Seoul, Park Eun-hye has been staying up well past midnight to load up on risky bets on South Korean stocks. Her go-to is KORU, a triple-leveraged ETF that magnifies every move — a type of product that has become almost an addictive pastime among the country’s day traders….

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Korea Bourse CEO Sees Kospi at 6,000, Vows to Cut ‘Zombie’ Firms

Buzz line2 months ago06 mins

The world-beating rally in South Korean stocks is poised to extend as the nation presses ahead with efforts to improve shareholder returns and lure global capital, according to Jeong Eun Bo, chief executive officer at the Korea Exchange. Jeong’s optimistic view comes as the benchmark Kospi is just about 2% away from the once-distant 5,000…

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