‘Double the gains’: Leveraged Samsung, SK products ignite retail frenzy

South Korea’s first single-stock leveraged products tied to Samsung Electronics and SK hynix surged by double digits in their trading debut Wednesday morning as the Kospi held firmly above the 8,000 level.

Samsung Asset Management dominated trading activity, while Hana Asset Management posted the highest returns.

According to the Korea Exchange, Samsung Electronics rose 2.68 percent, or 8,000 won, to close at 307,000 won ($204.35), while SK hynix climbed 9.31 percent to close at around 2.243 mil ...