Cheap entry, high risk: Leveraged Samsung, SK hynix ETFs to debut at W20,000

Leveraged products tied to Samsung Electronics and SK hynix will debut at an initial listing price of 20,000 won ($13.30), investment banking industry sources said Thursday, setting the entry point far below the underlying chip stocks as Korea prepares to launch its first leveraged single-stock products. The Korea Exchange recently approved asset managers’ proposed listing price ahead of the products’ scheduled debut on May 27, according to sources. Unlike management fee approvals overseen by th

By The Korea Herald