ChipsReuters1 day ago
Chip rout tests Korea's ant investors as margin debt soars
1 min read
A tech selloff in U.S. markets caused the KOSPI to plunge over 8%, wiping out gains for Korean retail investors known as 'ants' who borrowed to buy leveraged Samsung Electronics funds. One investor, Laura Byun, saw her position swing from +20% to -17% after the reversal.
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