Cheng Guo: The probability of a crash in the Korean stock market is much higher than in the US stock market, as massive leveraged funds are only seeking to cash out high profits at the peak.

Golden Finance, May 27th—Chen Guo, Deputy Director and Chief Strategist at the Eastmoney Institute, stated on social media that although industry prospects are very optimistic, the probability of a crash in the South Korean stock market is much higher than in the US stock market: the latter's foundation lies in the 401K asset allocation of wealthy and middle-class investors; the former, however, has a huge amount of leveraged capital aiming for outsized gains and high-level cash-outs.