On September 11, Direxion Daily MSCI South Korea Bull 3x Shares rose 10.14% in regular trading, trading at $23.33/share, with turnover of $166 million.

The rally represents a technical rebound following the previous session's steep selloff of over 8%, which was triggered by the Bank of Korea's unprecedented move to single out overseas hedge fund Situational Awareness for deploying up to 4x leverage on Korean semiconductor stocks. In its semi-annual monetary policy report submitted to parliament, the central bank warned that a surge in offshore derivatives linked to chip stocks was amplifying domestic market volatility and called for tighter regulatory oversight.

On the fundamental side, AI memory chip supply constraints are intensifying. KB Securities issued a research note warning that Samsung Electronics and SK Hynix carry less than 10 days of memory inventory this quarter, signaling that the two storage semiconductor giants have limited capacity to meet any unexpected demand surge. This supply tightness, combined with sustained AI infrastructure spending momentum, underpinned the recovery in Korean equity sentiment.

The fund invests at least 80% of its net assets in financial instruments providing daily 3x leveraged exposure to the MSCI South Korea Index, which covers 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.)