$Direxion Daily MSCI South Kor-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ KOSPI closed up 1%. It's not a huge gain, but it's significant given the potential pressure from the National Pension Service (NPS) rebalancing.

Here's what's been happening:

- The domestic stock holding cap was raised from 14.9% to 20.8%.

- The additional buffer was increased from ±3% to ±6%.

- An extra 2% flexible band is also allowed.

- In total, NPS can hold up to 20.8% + 6% + 2% = 28.8% of domestic stocks. This fund is essentially equivalent to a Social Security fund.

Expert speculation is that due to the rapid rise in Samsung and SK Hynix shares, the domestic holdings are estimated to have grown to around 30% to 31.4%, exceeding the 28.8% cap.

Analysts estimate that NPS has been selling about $650M per month for the past 6 months, but still has an overage of $10B to $45B to address.

NPS's goal is to rebalance with minimal market impact.

Recently, NPS has paused selling at certain levels, allowing KOSPI to recover.

$Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$

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It's not a huge gain, but it's significant given the potential pressure from the National Pension Service (NPS) rebalancing.</p>\n<p>Here's what's been happening:</p>\n<p>- The domestic stock holding cap was raised from 14.9% to 20.8%.</p>\n<p>- The additional buffer was increased from ±3% to ±6%.</p>\n<p>- An extra 2% flexible band is also allowed.</p>\n<p>- In total, NPS can hold up to 20.8% + 6% + 2% = 28.8% of domestic stocks. 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It's not a huge gain, but it's significant given the potential pressure from the National Pension Service (NPS) rebalancing.</p>\n<p>Here's what's been happening:</p>\n<p>- The domestic stock holding cap was raised from 14.9% to 20.8%.</p>\n<p>- The additional buffer was increased from ±3% to ±6%.</p>\n<p>- An extra 2% flexible band is also allowed.</p>\n<p>- In total, NPS can hold up to 20.8% + 6% + 2% = 28.8% of domestic stocks. This fund is essentially equivalent to a Social Security fund.</p>\n<p>Expert speculation is that due to the rapid rise in Samsung and SK Hynix shares, the domestic holdings are estimated to have grown to around 30% to 31.4%, exceeding the 28.8% cap.</p>\n<p>Analysts estimate that NPS has been selling about $650M per month for the past 6 months, but still has an overage of $10B to $45B to address.</p>\n<p>NPS's goal is to rebalance with minimal market impact.</p>\n<p>Recently, NPS has paused selling at certain levels, allowing KOSPI to recover.</p>\n<p><a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a> <a href=\"https://ttm.financial/S/SNDK\">$SanDisk Corp.(SNDK)$&nbsp;</a> <a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$&nbsp;</a> <a href=\"https://ttm.financial/S/SOXS\">$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$&nbsp;</a></p>\n<p><img src=\"https://community-static.tradeup.com/news/e0c265eab70447fb84504afb3a564931\" tg-width=\"686\" tg-height=\"420\"></p></body></html>","text":"$Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ KOSPI closed up 1%. It's not a huge gain, but it's significant given the potential pressure from the National Pension Service (NPS) rebalancing. Here's what's been happening: - The domestic stock holding cap was raised from 14.9% to 20.8%. - The additional buffer was increased from ±3% to ±6%. - An extra 2% flexible band is also allowed. - In total, NPS can hold up to 20.8% + 6% + 2% = 28.8% of domestic stocks. This fund is essentially equivalent to a Social Security fund. Expert speculation is that due to the rapid rise in Samsung and SK Hynix shares, the domestic holdings are estimated to have grown to around 30% to 31.4%, exceeding the 28.8% cap. Analysts estimate that NPS has been selling about $650M per month for the past 6 months, but still has an overage of $10B to $45B to address. NPS's goal is to rebalance with minimal market impact. 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