Korean Retail Investors Surge U.S. Stock Purchases 4-Fold in July as Domestic Market Dips

SKHY-8.74%
SOXL-13.03%
According to Korea Securities Depository, Korean retail investors saw net purchases of $2.596 billion in U.S. stocks from July 1-24, surging fourfold compared to June's $632.96 million and marking the largest monthly volume in five months. The buying spree reflects renewed investor appetite following recent volatility in Korea's domestic equity market. SK Hynix ADRs (American Depositary Receipts) traded on Nasdaq ranked second with $675.55 million in net purchases since their July 10 listing, while semiconductor leverage ETF SOXL led all holdings at $1.305 billion. The MSCI Korea 3x ETF (KORU) ranked third with $213.12 million.
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