Business · World

Record Inflow into Korea ETF Fuels SK Hynix Investments

1 sourceFirst reported 5 days agoUpdated 5 days ago

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A record inflow has been recorded for the largest US-listed South Korea exchange-traded fund, EWY.
Investors are increasingly turning to the ETF as a proxy for SK Hynix Inc.
The rise in popularity occurs as SK Hynix's new American depositary receipts are trading at a significant premium compared to its local shares.
This trend highlights the growing interest in South Korea's tech sector among international investors.

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AI summary: catch up in 20 seconds

A record inflow has been recorded for the largest US-listed South Korea exchange-traded fund, EWY.
Investors are increasingly turning to the ETF as a proxy for SK Hynix Inc.
The rise in popularity occurs as SK Hynix's new American depositary receipts are trading at a significant premium compared to its local shares.
This trend highlights the growing interest in South Korea's tech sector among international investors.

Generated by AI from the 1 sources below · always verify with the originals