Korean stock market HALTED after 20 minutes, crashing 11%
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Date: July 28th, 2026 7:17 AM Author: self-absorbed plum site
Korea just about ready for that IMF bailout: Kospi halted 20 mins after crashing 10.8%, 2nd biggest drop on record, 200DMA is the last support. Millions liquidated after relentless margin calls on levered ETF products
https://x.com/zerohedge/status/2082060209728401700
3x SK Hynix ETFs are just first world country things.
(http://www.autoadmit.com/thread.php?thread_id=5886972&forum_id=2...id#50028993)
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Date: July 29th, 2026 7:47 AM Author: self-absorbed plum site
80% down in under 2 months. So many bought this 3x levered ETF with mortgage loans (no, really).
And then we have idiots like this: "South Korea’s finance minister apologized on Wednesday after single-stock leveraged ETFs were introduced without careful consideration."
https://x.com/zerohedge/status/2082432280253895156
Oops, sorry about that!
(http://www.autoadmit.com/thread.php?thread_id=5886972&forum_id=2...id#50031505)
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