On July 14, Direxion Daily South Korea Bull 3X Shares fell 9.31% overnight, trading at $385.0/share, with turnover of $27.36 million.

On the news front, the Korean KOSPI index plunged nearly 9% on July 13, triggering circuit breakers twice and losing the 7,000-point level. The direct catalyst was Korean brokerage KIS forecasting SK Hynix Q2 operating profit at approximately 60.4 trillion won, roughly 8% below the market consensus of 65 trillion won. SK Hynix subsequently crashed 15.4%, marking its largest single-day decline on record, while Samsung Electronics fell over 9%.

According to the Korea Financial Investment Association, cumulative forced liquidations in July reached 3,442 billion won as of July 9. Due to a two-trading-day data lag, the clearing pressure triggered by Monday's crash has not yet been fully reflected, with subsequent figures expected to climb further. Additionally, markets widely expect the Bank of Korea to announce a rate hike at its July 16 meeting, with tightening expectations continuing to suppress risk appetite.

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.)