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STOCKS | Analyst Says South Korea Weighs Measures for Leveraged ETFs as Hynix 2x Long ETF Falls

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2026-06-23 09:04:34
A leveraged Hong Kong-listed ETF that targets twice the daily performance of SK Hynix has fallen after South Korean regulators said they are considering separate measures for such products.

According to Odaily, on-chain analyst “Aunt Ai” wrote on X that the South Hynix 2x Long ETF is a Hong Kong stock leveraged ETF launched by CSOP Asset Management’s Hong Kong unit and has risen more than tenfold since listing in October last year.

The analyst said the fund’s assets are close to $17 billion and it tracks twice the daily move of SK Hynix shares. If SK Hynix moves 5% in a day, the ETF would need to rebalance $1.7 billion, the post said, adding that SK Hynix recorded $11.2 billion in single-day trading turnover yesterday.

The post said South Korean regulators have indicated they are considering separate measures for these types of leveraged ETFs, and that the ETF’s price declined following the comments.
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