South Korean retail investors net bought $3.548 billion worth of SOXL, resuming their purchases of leveraged products for South Korean stocks.
From October 1st to 22nd, South Korean individual investors made net purchases of approximately $4.8 billion in US stocks, with SOXL accounting for $3.548 billion, or 73.9% of the total net purchases during the same period. From October 1st to 23rd, individual investors made net purchases of 315.4 billion won in leveraged products related to Samsung Electronics and SK Hynix, marking the first monthly net purchase since the regulatory tightening at the end of July. (Source: Chosun Ilbo)