[South Korean Chip Stock Leveraged ETFs Plunge, Largest ETF Drops Over 60% from Peak] Odaily Planet Daily News – A new class of leveraged products tracking major South Korean chip stocks is experiencing significant declines, exposing retail investors in South Korea, who favor using such tools to amplify returns, to substantial loss risks. According to data compiled by foreign media, since their launch at the end of May, the prices of more than ten leveraged ETFs tracking Samsung Electronics and SK Hynix have nearly halved. Among them, the largest single-stock leveraged ETF, KODEX SK Hynix, with $3.4 billion in assets under management, has fallen approximately 45% since its launch, retreating over 60% from its June peak. Jung In Yun, CEO of Fibonacci Asset Management, stated: 'The sharp decline in these leveraged ETFs is particularly heavy for retail investors, as many seem to view them as long-term investments rather than short-term trading tools. The massive losses in such ETFs could weaken retail investors' willingness and ability to buy semiconductor stocks, making the market's future recovery more reliant on foreign institutional capital inflows.' (Jin10)