South Korean regulators are using a combination of measures to cool down the market! They are increasing margins and urgently stopping the listing of single stock leveraged ETFs.
The Zhifung Finance app learned that South Korea will temporarily suspend the new listing of individual stock leveraged exchange-traded funds (ETFs) to curb market volatility. Previously, funds linked to Samsung Electronics and SK Hynix had seen a surge in popularity, leading to significant market fluctuations.
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