KOSPI just lost 16% in two days — here's what that did to leveraged funds and undervalued stocks.
Korean markets suffered their sharpest two-day drop in recent memory, wiping out 864.5 trillion won in market value on renewed AI chip-cycle fears and reports of Chinese lithography-equipment progress. Single-stock leveraged ETFs on Samsung Electronics and SK Hynix have posted losses of up to 70% since listing, while bond-mixed alternatives holding the same stocks cut losses roughly in half. Meanwhile, 75% of KOSPI stocks now trade below book value, a record high for the year, even as margin loan balances tick back up. This episode breaks down what retail investors are actually holding and how different products responded to the same shock.
Sources:
ETF Polarization Amid Semiconductor Correction — Seoul Economic Daily, 2026-07-29
75% of KOSPI Trades Below Book Value as Undervalued Stocks Surge — Seoul Economic Daily, 2026-07-29
"75% of Leverage Unwound, 56 Trillion Won in Losses" — Seoul Economic Daily, 2026-07-29
864 Trillion Won Wiped Out Before F4 Emergency Meeting — Seoul Economic Daily, 2026-07-29
About AI PRISM:
AI PRISM is Seoul Economic Daily's WAN-IFRA award-winning newsroom AI series, delivering Korean economic news adapted for global audiences. Episodes are produced with AI assistance and reviewed by a human editor.
Tags:
#KOSPI #ETF #RetailInvestors #LeveragedETF #PBR #SemiconductorStocks #AIPRISM #SeoulEconomicDaily #WANIFRA
