Australian retail investors are increasingly turning to South Korea’s volatile equity market, using cryptocurrency trading platforms to access leveraged exchange-traded funds tied to major chipmakers.
The surge in cross-border activity comes as shares of Samsung Electronics and SK Hynix have faced sharp declines, extending a wave of selling pressure that has swept through the global semiconductor sector.
The trend highlights a shift in how Sydney-based day traders are accessing international markets.
Rather than traditional brokerage accounts, many are utilizing crypto-trading apps to buy and sell Korean stocks, capitalizing on the leverage-fuelled boom that has sent volatility through the roof in Seoul.
For traders like Mark Olsen, every violent sell-off in the chipmaker giants has become a buying opportunity, with positions piled into SK Hynix and Samsung during dips.
The recent price action in South Korea’s tech sector has been driven by broader macro concerns and sector-specific headwinds.