TechFlow News: According to a report by the Star Market Daily on May 25, South Korea will launch, this Wednesday, a single-stock leveraged exchange-traded fund (ETF) linked to semiconductor giants Samsung Electronics and SK Hynix. Per documents released by the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), eight asset management firms—Samsung Asset Management, Mirae Asset Securities, Korea Investment & Securities, KB Securities, Shinhan Investment Corp., Hanwha Investment & Securities, Kiwoom Securities, and Hana Financial Investment—will list a total of 16 single-stock leveraged and inverse ETFs tied to Samsung Electronics and SK Hynix on the Korean stock market. Mirae Asset Securities will also launch two types of exchange-traded notes (ETNs).
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