South Korean authorities are weighing measures to curb risks from leveraged single-stock exchange-traded funds tracking Samsung Electronics Co. and SK Hynix Inc., reflecting concern over an asset class whose popularity has surged with the AI boom.
Along with strengthening monitoring of trading patterns, regulatory officials are weighing other stabilization steps to limit the potential fallout from sharp swings in the ETFs, Financial Supervisory Service Governor Lee Chan-jin said in a briefing Monday. Officials from his organization are working with counterparts in the Financial Services Commission and the Korea Exchange, he said.
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