South Korea's KOSPI index fell 39% in July due to retail investors' margin loans unwinding, particularly in tech stocks like Samsung and SK Hynix
South Korea's KOSPI index fell 39% in July due to retail investors' margin loans unwinding, particularly in tech stocks like Samsung and SK Hynix. Similar margin loan surges in China, India, and Japan raise concerns about potential market crashes, with China's margin balance at 2% of its market cap, higher than peers. Regulators are taking steps to mitigate risks, but rising interest rates could exacerbate the situation.




