SAMSUNG, HERCULES STOCK PRICE IS FALLING AND 5.8 TRILLION WON IS STILL IN THE ETF MARKET

On 17 July, at a time when Samsung electronics and SK Hercules stock prices had fallen sharply, a large number of bulk investors were still buying twice as much to track ETF, rebuffing equity prices and reaping gains through a “cost-sharing” strategy. According to data published on 17 June by the Korea Exchange and ETF Check, between 16 June and 15 July, individual investors accumulated a net purchase of seven SK Hercules single stock leverage ETF, amounting to 4.2386 trillion won; and seven three-star electronic single stock leverage ETF, amounting to 1,611.19 trillion won. At the same time, foreign investors are also co-locating two companies, ETF, which net purchases of 85,95.5 billion won and 72,42.2 billion won, respectively. By contrast, institutional investors have chosen to profit or reduce their prices by net selling SK Hercules-related products of 5.1713 trillion won and Samsung-related electronics 2,267.1 trillion won respectively. These 16 related single shares, ETF, combined net inflows of 7.3364 trillion won over the same period, including leverage and reverse products. Of these, the largest inflows were to Kodex SK Hercules single-leverage ETF, with a net inflow of 3.4472 trillion won; followed by KodEX three-star electronic single-leverage ETF (1.5083 trillion won) and TIGER SK single-leveraging ETF (1427.1 trillion won). (KIM XAPP)