Leverage ETFs and Semiconductor Stock Market Dynamics
The recent surge of the Korean stock market, surpassing the 4,000-point threshold, is largely attributed to the bullish semiconductor sector. Notably, the sharp rise in shares of Samsung Electronics and SK Hynix has driven more than $400 million in global investment into the 'Samsung Electronics 2x Leverage ETF' and 'SK Hynix 2x Leverage ETF' listed on the Hong Kong Stock Exchange. Of this, a significant portion, amounting to 40 billion KRW, represents investments by Korean investors, highlighting keen interest in these ETFs.
Domestically, while single stock leverage ETFs are restricted by regulation, investors are navigating these limitations by purchasing through foreign markets. As U.S. capital shifts towards Asian tech, Samsung Electronics and SK Hynix are emerging as key players in the stock market, which is positively impacting their stock prices.
Additionally, this week saw notable movements within the domestic ETF market, with Samsung Asset Management's 'KODEX AI Semiconductor Core Equipment' exhibiting an impressive weekly gain of 13.10%. This non-leverage product ranks highest in performance, attracting significant investor interest. Furthermore, leverage ETFs related to semiconductors, such as Mirae Asset Management's 'TIGER US Philadelphia Semiconductor Leverage (Synthetic)' and Samsung Asset Management's 'KODEX Semiconductor Leverage', continue to record exceptional returns, garnering attention.
This week further witnessed the introduction of six new ETFs by major local asset managers, including KB Asset Management and Samsung Asset Management. These new listings offer a broader array of options for investors, and their future performance is anticipated with interest.
Related ETF
Related News
[ETF of the Week] Samsung Asset Management's 'KODEX AI Semiconductor Core Equipment' rises by 13%, strong performance in semiconductor ETFs - Business Post[ETF of the Week] Samsung Asset Management's 'KODEX AI Semiconductor Core Equipment' rises by 13%, strong performance in semiconductor ETFs
Related ETF
400 Billion Won Poured into Samsung Electronics·SK Hynix 'Double' ETF…"Additional Asian Stocks Launched" [Midas's Hands] - hankyung.com400 Billion Won Poured into Samsung Electronics·SK Hynix Double ETF…Additional Asian Stocks Launched, Securities
Samsung Electronics & Hynix Double ETF Global Investors Bet $400 Million - hankyung.comSamsung Electronics & Hynix Double ETF global investors bet $400 million, large funds flocking to Hong Kong-listed products, with domestic investors also net buying 40 billion KRW