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BSCN·2026-07-29 21:46
Korea's margin wipeout keeps growing as the Kospi breaks againRoughly 320,000 to 360,000 Korean retail margin accounts were fully liquidated in July's first crash wave, out of more than 1.2 million that hit margin calls, per Goldman Sachs desk data and Korea's FSS. That was one in thirty working-age adults facing a blowup, before this week.The Kospi has now triggered circuit breakers two days running and is heading toward a record monthly loss near 35%, so a second liquidation wave is likely still working t ...