South Korea is set to debut its first single-stock leveraged ETFs as early as
May, tied to Samsung Electronics Co. and SK Hynix Inc., according to local
reports. Managed by Samsung Asset Management and Mirae Asset Global Investments,
the ETFs will aim for up to 2x daily stock performance. The move follows a
relaxation by the Financial Services Commission, previously banning such
high-risk products. Regulators plan limits to twofold leverage and may allow
only one product per firm to curb volatility, particularly in the retail-driven
semiconductor market.