slotasticcasino100nodepositbonuscodes2022| In order to dispel the doubts of overseas investors, senior South Korean financial officials claim to support the resumption of short selling!

Financial Union, May 20 (Editor Ma Lan) South Korea released a shocking market release at the end of November last yearslotasticcasino100nodepositbonuscodes2022The ban on short selling aims to eradicate naked short selling in South Korea's capital markets, which is illegal in South Korea.

The ban is popular among retail investors in local markets, but has sparked great debate around the world because naked short selling is legal in some countries. This move by the South Korean financial authorities made many overseas investors believe that they interfered in free trading, thus causing damage to the market.

In an effort to restore global investors 'confidence in South Korea's stock market and spread stock market optimism generated by South Korea's corporate reform initiatives, Lee Bok hyun, president of the Financial Supervisory Authority, South Korea's top financial regulator, said at an event in New York last week that he personally strongly agreed to resume short selling.

Lee pointed out that given the South Korean government's commitment to revitalize the local stock market, he hopes and plans to partially lift the ban on short selling starting in June.

He said that the Korea Financial Supervisory Authority will share the decision on the short selling policy and the specific timetable before the end of June. If the short selling policy cannot be restored in time, the South Korean government will also inform when it can return to normal in the fastest way.

Revitalize market confidence

South Korea's net stock market inflow has exceeded $15 billion so far this year, and if this trend continues, the country will see its largest annual inflow since 2010.

This trend is partly due to South Korea's corporate value-added program, which many investors hope will trigger an effect similar to the rebound in Japan's stock market. However, some overseas people are hesitant about this, pointing out that South Korea's corporate reform lacks neither specific measures nor clear punitive measures.

Currently, the South Korean market is also facing additional political risks. South Korea's ruling National Power Party suffered a crushing defeat in parliamentary elections in April, throwing its key corporate reform plans into uncertainty, exacerbating global investors 'doubts about the country's stock market.

In order to restore the appeal of South Korean stocks, Lee emphasized that the South Korean government is reviewing how to provide corporate tax reduction incentives to South Korean companies participating in corporate reform plans. At the same time, it is also actively encouraging South Korean banks to increase shareholder returns and change annual dividend payments to quarterly dividend payments. or share repurchase plans.

He also said that the investment exposure of South Korean financial companies in the U.S. and European real estate markets is small relative to the total assets, and the terms and investment structures are different. Although they will inevitably suffer some losses, they will not pose a direct risk to financial companies.