On August 20, Direxion Daily MSCI South Korea Bull 3x Shares rose 8.73% in regular trading, trading at $20.81/share, with turnover of $400 million.

On the news front, the Korean stock market surged over 5% in early trading, triggering the Sidecar circuit breaker mechanism that suspended KOSPI programmatic buying. SK Hynix rallied over 11% while Samsung Electronics gained over 6%, with memory chip stocks broadly strengthening. SK Hynix announced plans to repurchase and cancel 40 trillion KRW in shares, pledging to return at least 50% of cash flow to shareholders. Simultaneously, banks significantly reduced leverage investment costs for SK Hynix Korean stock positions, further igniting retail investor enthusiasm for leveraged buying. As a 3x leveraged product, KORU amplified the Korean market rebound magnitude.

The fund invests at least 80% of its net assets in financial instruments providing daily leveraged exposure to the MSCI South Korea Index, which covers approximately 85% of the free float-adjusted market capitalization of South Korean issuers.

(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.)