Aren't Korean conglomerates and the government propping up the market? South doubled the long position on SK Hynix—from HK$193 to HK$26 in just 34 days…
When it was around 100, I thought it was the bottom, but now it’s 32—where exactly is the bottom?
The impact on the underlying stock is a bit smaller.
But when AI rises, everyone rises with it—keep copying and keep gambling for a rebound. Rate hikes might not happen for now, but who knows about September and October. Do we have a chance to catch a rebound and run? 😭$SKHY #Korea restricts leverage ETF trading
When it was around 100, I thought it was the bottom, but now it’s 32—where exactly is the bottom?
The impact on the underlying stock is a bit smaller.
But when AI rises, everyone rises with it—keep copying and keep gambling for a rebound. Rate hikes might not happen for now, but who knows about September and October. Do we have a chance to catch a rebound and run? 😭$SKHY #Korea restricts leverage ETF trading
