According to sources familiar with the matter, due to the significant rise in Asian chip stocks such as SK Hynix and Samsung Electronics this year, multiple global banks are restricting hedge funds' leveraged bets on these stocks amid concerns over potential corrections. Institutions including Citigroup, JPMorgan Chase, and Goldman Sachs have raised financing costs for hedge funds going long on these stocks via swaps, while tightening controls over the scale and counterparties of new trades. Some banks have even rejected new trade requests or are assessing them on a case-by-case basis. Additionally, TSMC is also subject to similar restrictions.
