Mourning the market

Funeral wreaths outside the National Assembly spotlight growing criticism that single-stock leveraged ETFs are worsening volatility as Samsung Electronics and SK hynix shares tumble.

SARAH CHEA
SARAH CHEA BUSINESS REPORTER
Published
Funeral wreaths calling for the delisting of single-stock leveraged exchange-traded fund (ETFs) stand near the main gate of the National Assembly in Yeouido, western Seoul, on July 29. As the Kospi slides day after day amid a sharp sell-off in shares of Samsung Electronics and SK hynix, the single-stock leveraged ETFs are being criticized as the root cause of the volatility.

Funeral wreaths calling for the delisting of single-stock leveraged exchange-traded fund (ETF) stand near the main gate of the National Assembly in Yeouido, western Seoul, on July 29.

As the Kospi slides day after day amid a sharp sell-off in shares of Samsung Electronics and SK hynix, the single-stock leveraged ETFs are being criticized as the root cause of the volatility.

chip business photo finance sk hynix kospi samsung electronics

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