On September 28, Direxion Daily MSCI South Korea Bull 3x Shares fell 8.11% in regular trading, trading at $19.81/share, with turnover of $149 million. The decline reflects the triple-leveraged amplification of broad weakness in the Korean equity market.

On the news front, SK Hynix subsidiary Solidigm is reportedly considering a U.S. IPO as early as next year, with a potential valuation of up to $1,500 billion and a fundraising target of approximately $15 billion, which would make it the largest semiconductor IPO in U.S. history. The Korea Corporate Governance Forum criticized the plan for deepening SK Group's pyramid-like ownership structure and urged SK Hynix to abandon it. Investors also fear the listing would dilute existing shareholders' exposure to NAND assets during an AI-driven super cycle. SK Hynix fell as much as 5% in Korean trading, while Samsung Electronics declined 0.35%, dragging the KOSPI index down 0.67%. In U.S. trading, SK Hynix fell over 3.5%, with storage peers including SanDisk, Western Digital, and Micron all declining, pressuring the broader memory chip sector.

Direxion Daily MSCI South Korea Bull 3x Shares invests at least 80% of its net assets in financial instruments providing daily 3x leveraged exposure to the MSCI Korea 25/50 Index, covering approximately 85% of the free float-adjusted market capitalization of South Korean issuers. It is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)