South Korean retail investors net bought $3.548 billion of SOXL since October, accounting for nearly 74% of total net US stock purchases during the same period

According to Odaily, data from the Korea Securities Depository shows that from October 1 to 22, South Korean individual investors accumulated approximately $4.8 billion in net purchases of US stocks, of which the triple-leveraged US semiconductor ETF (SOXL) saw net purchases of $3.548 billion (approximately 4.7 trillion Korean won), accounting for 73.9% of total net US stock purchases during the same period.Meanwhile, as the Korea Composite Stock Price Index (KOSPI) has fallen 18.83% cumulatively this month, from October 1 to 23, individual investors net purchased a combined 315.4 billion Korean won in single-stock leveraged products related to Samsung Electronics and SK Hynix, marking the first resumption of monthly net purchases since regulatory tightening at the end of July. (Chosun Ilbo)