المنشور

Q: Who lost money on Korea's leveraged ETFs? A: Investors who bought at the peak. Retail investors are the main force. Q: How much was lost? A: Some products dropped about 25% in a single day, with even larger drawdowns from higher points. Q: Which products? A: Samsung Electronics and SK Hynix 2x single-stock long ETFs. Q: Who approved them? A: Korean regulatory authorities. They only broadly approved them in May this year. Q: What did the regulators say? A: They admitted the launch was too rushed and have started to supplement the rules. Q: How are they supplementing? A: By suspending new product approvals, raising entry thresholds, and strengthening risk warnings. Q: Can retail investors get compensation? A: Currently, there is no reliable information indicating the government will compensate investment losses. Q: What does this incident illustrate? A: 2x leverage does not create profits; it only amplifies judgments. Policy encouragement does not equal government bailouts. ...... When prices rise, it's called financial innovation. When prices fall, it's called investor education. As for losses, ultimately, investors bear them themselves.