Korea ETF’s (EWY) Record Inflow Fuels SK Hynix Proxy Play
A record inflow hit the largest US-listed South Korea exchange-traded fund, as investors seeking exposure to SK Hynix Inc. piled into the ETF as a proxy at a time when...
By Carolina Wilson and Yiqin Shen · Bloomberg Markets
A record inflow hit the largest US-listed South Korea exchange-traded fund, as investors seeking exposure to SK Hynix Inc. piled into the ETF as a proxy at a time when the chipmaker’s new American depositary receipts trade at a substantial premium to its local shares.