Finance
Margin calls surge in November as retail investors hit by leveraged bets
Margin calls in South Korea jumped to a record level in November as retail investors who had borrowed to buy shares were hit by a rapid market drop. Daily forced sales exceeded 37 billion won on several days, while credit loan balances and stock margin financing reached new highs. Analysts warned that December could remain volatile due to concerns over AI-related valuations and uncertainty about the US Federal Reserve’s rate path.