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Despite the Korean stock market being closed, it could not escape market repricing; the Southern Fund’s 2x leveraged long positions in Hynix and Samsung fell 17.8% and 14.7%, respectively.
16/07/2026 21:39
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Svmuu News: According to Gate market data, while the Korean stock market was closed for one day due to Constitution Day, SK Hynix and Samsung Electronics-related stocks continued to face selling pressure in other markets. After the Hong Kong market opened, the Southern Fund’s 2x leveraged long position on SK Hynix fell 17.8%, while its 2x leveraged long position on Samsung Electronics dropped 14.7%.
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