Samsung leveraged ETFs outtrade underlying shares; Tesla's never have
South Korea's newly launched single-stock leveraged exchange-traded funds tied to Samsung Electronics and SK hynix are trading at levels rarely seen in major global markets, with turnover in some products already exceeding that of the underlying shares themselves.
The development has raised concerns that trading in the products akin to derivatives could begin influencing the stocks they are designed to track — a dynamic that industry officials often describe as the "wag the dog" effect.
Accordin
AI Costs Soar, Companies Rethink
- After the AI binge, companies balk at soaring bills The Japan Times —
- AI divide: It's not technology but learning capacity Korea Times —
- SoftBank to build AI data center network in France with $52B investment Seeking Alpha —
- SoftBank plans up to €75 billion investment in French AI centers The Japan Times —
- After the AI binge, companies balk at soaring bills The Straits Times —