On August 20, Direxion Daily MSCI South Korea Bull 3x Shares rose 11.15% in pre-market trading, trading at $20.67/share, with turnover of $10.29 million.

On the news front, the Korean stock market surged over 5% in early trading, triggering the Sidecar circuit breaker mechanism that halted KOSPI programmatic buying. SK Hynix rallied over 11% and Samsung Electronics gained over 6%, with memory chip stocks broadly strengthening. SK Hynix announced plans to repurchase and cancel 40 trillion KRW in shares while committing to return at least 50% of cash flow to shareholders. Simultaneously, banks significantly reduced leverage investment costs for SK Hynix Korean stock positions, further fueling retail investor leveraged buying. Soros Capital's latest 13F filing also revealed iShares MSCI South Korea ETF as its top holding, reinforcing institutional confidence. As a triple-leveraged product, KORU amplified the Korean market's rebound magnitude.

The fund invests at least 80% of its net assets in financial instruments providing daily leveraged exposure to the MSCI South Korea Index, covering approximately 85% of the free float-adjusted market capitalization of South Korean issuers. It 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.)