🟢 Korea Leveraged Equity ETF (KORU) is trading 4.9% up in pre-market on SK Hynix buyback announcement

KORU is trading at $21.32 (+4.87%), benefiting from the continuing rebound in South Korean semiconductor shares, particularly SK Hynix and Samsung Electronics, after SK Hynix announced a 40 trillion won buyback and cancellation plan.

• U.S. equity futures are modestly higher, but elevated Treasury yields, rising oil prices, and overnight Wall Street losses pressured South Korean equities at their August 21 open.
• The leveraged structure is amplifying the recent KOSPI and chip-sector rebound.