Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
South Korean regulators tighten control on leveraged ETFs, Sandisk plunges 10%, Western Digital drops 9%

South Korean regulators tighten control on leveraged ETFs, Sandisk plunges 10%, Western Digital drops 9%

格隆汇格隆汇2026/07/16 15:56
Show original
Golden Finance, July 16|The US stock storage sector is under significant pressure as a whole. SanDisk's intraday drop widened to 10%, Western Digital fell nearly 9%, and SK Hynix ADR dropped 8.6%. The immediate trigger for this round of declines is the tightening of leverage ETF regulations by South Korean financial regulators, coupled with previous concentrated profit-taking, which together amplified the sector's adjustment range.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

South Korean stocks dropped over 1%

格隆汇•2026/09/29 04:07

"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage

Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.

华尔街见闻•2026/09/29 04:01