Seoul Economic Daily, citing a major broker’s analysis of 25,000 high-net-worth
investors (≥10 bln won in financial assets) from May 27–July 10, reports
concentrated net buying of Samsung Electronics and SK Hynix single-stock
leveraged ETFs. Net purchases were: KODEX SK Hynix Single-Stock Leverage ETF
178.1 bln won, TIGER SK Hynix Single-Stock Leverage ETF 140.1 bln won, and KODEX
Samsung Electronics Single-Stock Leverage ETF 116.6 bln won. The other two names
in the top-five net-buys were ordinary shares of Samsung Electronics and SK
Hynix, signaling wealthy investors are heavily overweight Korea’s two large chips
names; retail buyers in their 40s were the largest cohort buying these
single-stock leveraged ETFs.