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Finance
U.S. stock net buying by South Korean retail investors tops 5 trillion won amid domestic market pullback
South Korean retail investors\' net buying of U.S. stocks has topped 5 trillion won so far this month as a pullback in the domestic market persists. Net buying from July 1 to 27 reached $3.59 billion, with purchases concentrated in a leveraged U.S. semiconductor ETF and SK Hynix ADRs. The monthly total is about 5.5 times last month’s net buying, while net buying of a leveraged South Korea ETF declined.
Finance
Korean stock volatility drives retail investors back to U.S. markets
Repeated sharp swings in South Korea\'s stock market are pushing retail money back into U.S. equities. Credit-financed stock balances and unsettled trading receivables have fallen, while investor deposits remain above 100 trillion won. Retail investors turned from heavy buying of SK Hynix and Samsung Electronics to net selling in late July. Net buying of U.S. shares surged, led by the 3-times leveraged semiconductor ETF SOXL. A lower won-dollar exchange rate also reduced costs.
Finance
Triple bet on Korea ETFs in U.S. market: why overseas retail investors hesitate to return
South Korean retail investors who buy U.S. stocks are choosing U.S.-listed Korea-related exchange-traded funds rather than shifting funds back to domestic shares, despite a rally in the local market. A stronger dollar linked to the Middle East situation is also boosting expectations for currency gains. Meanwhile, a key incentive to encourage repatriation, the return account plan, is stalled in the National Assembly, raising questions about the policy’s effectiveness.