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SOXL Surges as Korea's Leverage Restrictions Spark Capital Outflows

Hacker News •
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SOXL and other leveraged ETFs see record inflows as Korea restricts domestic single-stock leverage. U.S. semiconductor ETF SOXL hit $4.63B in purchases, while KORU and TSLL also spiked. Domestic leveraged product trading plummeted by 94% for individuals and 89% for foreigners after margin rules tightened. Critics warn regulations may deepen capital outflows despite efforts to stabilize markets.