The Korean regulators and the KRX heard those cries.
From the Korea Herald, May 21:
Cheap entry, high risk: Leveraged Samsung, SK hynix ETFs to debut at W20,000
Leveraged products tied to Samsung Electronics and SK hynix will debut at an initial listing price of 20,000 won ($13.30), investment banking industry sources said Thursday, setting the entry point far below the underlying chip stocks as Korea prepares to launch its first leveraged single-stock products.
The Korea Exchange recently approved asset managers’ proposed listing price ahead of the products’ scheduled debut on May 27, according to sources. Unlike management fee approvals overseen by the Financial Supervisory Service, the initial listing price is determined by asset managers and approved by the exchange.
The launch price is a fraction of the underlying shares themselves. Samsung Electronics is trading near 300,000 won, while SK hynix has surged to around 2 million won amid the AI-driven semiconductor rally, potentially broadening retail access to leveraged bets on the country’s two largest chipmakers.
Single-stock leveraged products are designed to magnify the daily returns of individual shares, typically by two times, allowing investors to make amplified directional bets with relatively small amounts of capital. While the structure can boost gains during sharp rallies, losses are also magnified when shares reverse....
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Double-levered inverse ETFs will also be available for those who prefer their vice versa.
