Korean ‘ants’ pile into leveraged funds to profit from stock market boom
Government has encouraged retail traders to buy domestic equities
Government has encouraged retail traders to buy domestic equities

South Korean regulators want to strengthen oversight of retail traders

It will take time for a durable equity base to be formed after momentum has been broken

Holdings of Wall Street equities nearly double this year as South Korean investors hunt for higher returns abroad

Sharp swings are a reminder to Seoul that its reform agenda is incomplete

Country’s benchmark index is up almost 20% this year as reforms help woo investors

Kospi hits three-and-a-half-year high on hopes Lee Jae-myung can pass governance reforms to boost valuations