EWY: South Korea's Flagship ETF Sees Outflows Spike as Chip Leverage Trade Unwinds
The EWY ETF has seen substantial outflows as top South Korean stocks like Samsung Electronics and SK Hynix drop sharply.
A lot of money is leaving an investment fund that tracks South Korea's biggest companies, especially chip-makers like Samsung, because their stock prices have fallen recently. When you see money flowing out of a fund, it can mean investors are worried—so watch whether those companies' earnings stay strong or if problems are getting worse.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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