On July 21, Direxion Daily South Korea Bull 3X Shares (KORU) rose 14.07% in regular trading, trading at $20.695/share, with turnover of $137 million.

On the news front, JPMorgan stated that approximately 75% of Korean stock leveraged ETF unwinding has been completed, suggesting the most intense selling pressure may have passed, while maintaining its KOSPI 12-month target of 12,500 points and an Overweight rating. Citi and Morgan Stanley also issued buy-the-dip signals on the same day. Goldman Sachs and UBS noted that current conditions present a favorable risk-reward ratio, viewing extreme volatility as a potential entry window.

Policy catalysts further reinforced the rebound. Korean President Lee Jae-myung demanded that financial regulators take bold and swift measures regarding single-stock leveraged ETFs during a cabinet meeting. The Financial Services Commission subsequently decided to push forward early implementation of new regulatory rules, solidifying the policy bottom signal. Heavyweight stocks Samsung Electronics rose 2.7% and SK Hynix rose 4.0%, confirming stabilization after KOSPI had plunged over 20% this month into bear market territory.

The fund 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.)