On July 30, iShares MSCI South Korea ETF rose 6% in regular trading, trading at $154.14/share, with turnover of $905 million.

On the news front, the Korean KOSPI index staged a rapid intraday rebound after triggering circuit breakers on two consecutive trading days with a cumulative decline of approximately 20%, with gains reaching as much as 1%. JPMorgan noted that Korean leveraged ETF deleveraging is largely complete, hedge fund deleveraging progress has reached approximately 90%, and KOSPI valuations have fallen to a 5x price-to-earnings \"crisis level,\" suggesting overall allocation attractiveness has emerged.

Additionally, the Korea Exchange is internally evaluating the feasibility of stabilization measures including a temporary short-selling ban and narrowing the current +/-30% price limit band, further boosting market sentiment. However, HSBC cautioned that retail margin balances have only declined about 15% from their peak, remaining at approximately $22 billion, indicating retail deleveraging is far from over.

The fund generally invests at least 80% of its assets in the component securities of the MSCI Korea 25/50 Index, a free float-adjusted market capitalization-weighted index designed to measure the performance of large- and mid-cap equity segments in Korea. The fund is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)