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'My life's screwed': Korean investors stress out after AI bubble bursts

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Re: 'My life's screwed': Korean investors stress out after AI bubble bursts

#4
> nearly half of its 880,000 clients who bought Samsung shares were now sitting on losses, while nearly 70 per cent of its 408,000 investors in SK Hynix were also in the red.

> Margin debt, which hit a record Won38.6tn ($27bn) last month as investors borrowed to amplify bets, has dropped to Won33.2tn after a wave of forced liquidations during the recent rout.

Looks like there is a lot of leverage left.

Re: 'My life's screwed': Korean investors stress out after AI bubble bursts

#9

> nearly half of its 880,000 clients who bought Samsung shares were now sitting on losses, while nearly 70 per cent of its 408,000 investors in SK Hynix were also in the red. > Margin debt, which hit a record Won38.6tn ($27bn) last month as investors borrowed to amplify bets, has dropped to Won33.2tn after a wave of forced liquidations during the recent rout. Looks like there is a lot of leverage left.

How tightly regulated is investment margin lending in the US?

Re: 'My life's screwed': Korean investors stress out after AI bubble bursts

#10

oh those poor rich people that lost a bet, I feel so sad for them :(

From my very shallow understanding of the Korean market it's common to invest in high risk shares because a big win is the only way to afford a nice home. Financial nihilism, risk appetite etc. So it's far from only rich people.
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