Trends in Foreign Investor Activity and Regular Investment Services
Recently, foreign investors are anticipating a decline in the KOSPI index of the Korean stock market and have been focusing on investing in the inverse ETF 'KODEX 200 Future Inverse 2X'. From July 1 to 7, these investors bought this ETF for a total of 27.9 billion KRW, while simultaneously selling 7.3 billion KRW worth of the 'TIGER 200' ETF. This investment strategy is interpreted as a hedging method against the previously surged KOSPI index, reflecting expectations of a potential short-term market correction.
Kiwoom Securities' regular investment service called 'Stock Accumulation' has successfully surpassed 100,000 cumulative customers within four months of its launch. The service is popular for investments in stocks such as Nvidia, Tesla, and Apple, with an average investment amount ranging from 100,000 to 200,000 KRW. It is also gaining attention as an educational tool for young children in financial literacy. Some customers have even accumulated a total of 500 million KRW. To attract new customers, Kiwoom Securities offers various benefits such as cash coupons and fee waivers.
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Korean Stock Market Faces Short-term Adjustment... Foreigners Bet on Inverse - Korea Economic DailyIf KOSPI continues as it is... Foreigners have been betting recently on this area, expecting a short-term adjustment in the Korean stock market. Foreigners are betting on inverses, with a net purchase of 27.9 billion Won in KODEX Inverse ETF, while shedding leveraged ETFs as prices soared suddenly to hedge.
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Kiwoom Securities 'Stock Accumulation' Surpasses 100,000 Users in 4 Months - Business PlusKiwoom Securities' installment investment service 'Stock Accumulation' has surpassed 100,000 cumulative customers in just 4 months since its launch, showing signs of a sensation. According to Kiwoom Securities on the 8th, the service, which started on February 20, surpassed 100,000 users on June 26. This service automatically purchases stocks for a desired amount on a set date daily, weekly, or monthly. The most accumulated stocks by 'Stock Accumulation' users were Nvidia, followed by Tesla, Apple, Schwab U.S. Dividend Equity ETF, and Invesco QQQ ETF. The average monthly investment amount by users is between 100,000 and 200,000 KRW.