Korean Stock Market, the Blue Chip of Global Capital: The Secret of the ETF Craze / Why Are Korean and Hong Kong Investors Enthusiastic About Leveraged ETFs? | CSOP Asset Management Executive Director Lee Jae-chung

Summary

CSOP Asset Management Executive Director Lee Jae-chung discusses ETF flows into Korean equities, the dominance of Samsung Electronics and SK hynix, and the growing interest from Hong Kong investors. He sees the ETF ecosystem and upcoming access improvements as strongly positive for Korean stocks and dismisses immediate rate-hike risks.

• CSOP is a leading Hong Kong ETF operator with dominant share in leveraged/inverse products and recently launched 2x ETFs on Samsung Electronics and SK hynix.
• Global EM rotation and dollar weakness have directed strong ETF inflows into Korean equities, particularly through US-listed EWY.
• CSOP plans to launch a new Korea-focused ETF in Hong Kong, further opening indirect access for foreign investors.
• Concentration into Samsung Electronics and SK hynix is seen as inevitable and justified by strong earnings, mirroring the US Magnificent Seven pattern.
• Hong Kong wealthy investors show deep interest in Korean stocks; a Futu integrated account launch in June could bring significant retail money.
• The speaker assigns a very low probability to a Fed rate hike, implying continued support for risk assets and Korean equities.