Korean Stock Traders Slash Margin Loans to Lowest Since April
South Korean margin debt fell 13% to 33.4 trillion won ($22.6 billion) by July 16 from a late-June peak of 38.6 trillion won, as the Kospi dropped about 30% from its June high. Samsung Electronics lost roughly 25% and SK Hynix about a third, while brokerage cash balances fell from a record 139.7 trillion won on June 4 to 108.1 trillion won.
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