South Korea's Kospi drops 12.6% after single-stock leveraged ETFs launch

South Korean policymakers apologised for introducing single-stock leveraged ETFs, blamed for intensifying a 12.6% plunge in the Kospi, driven by sharp declines in chip stocks.

Jul 29, 2026 - 13:00
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South Korea's Kospi drops 12.6% after single-stock leveraged ETFs launch
South Korean policymakers apologised for introducing single-stock leveraged ETFs, blamed for intensifying a 12.6% plunge in the Kospi, driven by sharp declines in chip stocks.

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