$XL2CSOPHYNIX(07709.HK)$ISHRS MSCI S Korea Capped(EWY.US)$Direxion Daily Korea Bull 3x Shares ETF(KORU.US)The South Korean stock market has already messed up by doing it this way. It's clearly been targeted by large hedge funds, which are profiting from volatility by exploiting sentiment and leverage. It would be very troublesome if the government doesn't step in to curb the volatility at this point. It's highly likely that the index will hit new highs, but a large number of retail investors won't make any money; they'll all be harvested by the hedge funds. In just this week, retail investors who bet on the wrong direction have already lost over 50%, making it very difficult to break even.