ETF异动 | 杠杆ETF强监管及加息发酵 南方两倍做多海力士(07709)再跌超19%

智通财经
Jul 17

智通财经APP获悉,两倍做多韩股“存储双雄”集体重挫,截至发稿,南方两倍做多海力士(07709)跌19.09%,报45.7港元;南方两倍做多三星电子(07747)跌18.8%,报67.4港元。

消息面上,7月16日,韩国金融服务委员会正式宣布了一系列针对单一股票杠杆ETF的监管措施,包括提高芯片杠杆ETF最低保证金门槛、禁止新的单一股票杠杆产品上市等。同日,韩国央行宣布将基准利率由2.50%上调至2.75%,这是韩国时隔3年半首次决定加息,标志着韩国步入货币紧缩周期。值得注意的是,隔夜美股市场上存储芯片概念股集体大跌。其中,SK海力士ADR大跌13.69%,闪迪跌超12%。

广发证券认为,韩国股市在过去约一个月内大幅调整。一是前期已积累明显的脆弱性与杠杆风险,市场"杠杆化"特征鲜明。二是基本面诱发因素:市场对存储涨价的可持续性产生怀疑,预期下半年价格涨幅将放缓。三是韩国央行货币政策收紧进一步触发了流动性的收缩预期。四是外部因素扰动:美国对三星电子等公司发起337调查也带来一定影响。简单来看,这是一个比较典型的叠加“市场杠杆风险累计+基本面边际变化+流动性收紧助推+外部因素扰动”的案例。

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