As Korea’s stock market rally continues to draw global attention, exchange-traded funds (ETFs) linked to the country’s benchmark index as well as chip giants Samsung Electronics and SK hynix are set to debut in overseas markets including Hong Kong and the United States, industry officials said Monday. Hong Kong-based CSOP Asset Management plans to list a KOSPI 200 ETF on the Hong Kong Stock Exchange in the second half of the year, which would mark the first ETF in the market directly tracking Korea’s benchmark index. The exchange already hosts leveraged ETFs tied separately to Samsung Electronics and SK hynix, which have attracted around 2.4 trillion won ($1.75 billion) and 7.9 trillion won in assets, respectively. “The introduction of a KOSPI 200 ETF could further improve overseas investors’ access to Korean equities,” said Lim Eun-hye, an analyst at Samsung Securities, adding that demand for Korean assets could continue expanding among Hong Kong pension funds and institutional investors. Meanwhile, in the U.S., leveraged ETF provider Leverage Shares has filed with the U.S.
