Banks curb hedge fund bets on SK Hynix and Samsung, Bloomberg News reports
12/06/2026 07:04
Banks curb hedge fund bets on SK Hynix and Samsung, Bloomberg News reports June 12 (Reuters) - Global banks are tightening restrictions on hedge funds’ leveraged bets in Asia's leading chipmakers including SK Hynix 000660.KS and Samsung Electronics 005930.KS following a blistering rally this year, Bloomberg News reported on Friday citing people familiar with the matter.
Brokers including Citigroup C.N, JPMorgan JPM.N and Goldman Sachs GS.N have raised the financing cost for hedge funds to take bullish wagers on SK Hynix and Samsung Electronics shares via swaps, the report said.
(Reporting by Shivani Tanna in Bengaluru; Editing by Mrigank Dhaniwala)
Recent news on Samsung Electronics Co
See all newsEmerging Markets: Asian stocks climb as Micron earnings drive AI optimism, KOSPI surges
Samsung Electronics Samsung Elec - SMSD - Response to Rumors or Media Reports:Undetermined
South Korea's KOSPI recoups losses with SK Hynix-led tech rally (updated)
Emerging Markets: Asian stocks rebound as South Korea shares surge on AI optimism; currencies lag
Emerging Markets: Asian stocks rebound as South Korea shares surge on AI optimism; currencies lag