It’s as if an entire country’s stock market was like a penny stock. It just jumps or collapses enormous amounts daily
Freewhale98 on
1. Summary
Lee Jae-Myung encouraged that South Koreans needed to channel more of their wealth away from property and into “productive” investments such as equities. He sought to attract more capital by strengthening minority shareholder protections. He performed well early in his presidency by introducing investor-friendly revisions to the commercial code and boosting the stock market has been one of his biggest achievements. His government also liberalised access to riskier products. In late May, regulators approved single-stock leveraged exchange traded funds for the first time.
But as the market turned and investors suffered heavy losses it blew up spectacularly in the administration’s face. This led to his approval reaching since inauguration of mid 40s ~ early 50s ( depending on polls).
2. How is this related to the sub
(1) Financial regulation & AI boom: The liberalization of stock market combined with AI boom has introduced a great volatility in Korean stock market, leading to popular backlash against the ruling party.
2 Comments
It’s as if an entire country’s stock market was like a penny stock. It just jumps or collapses enormous amounts daily
1. Summary
Lee Jae-Myung encouraged that South Koreans needed to channel more of their wealth away from property and into “productive” investments such as equities. He sought to attract more capital by strengthening minority shareholder protections. He performed well early in his presidency by introducing investor-friendly revisions to the commercial code and boosting the stock market has been one of his biggest achievements. His government also liberalised access to riskier products. In late May, regulators approved single-stock leveraged exchange traded funds for the first time.
But as the market turned and investors suffered heavy losses it blew up spectacularly in the administration’s face. This led to his approval reaching since inauguration of mid 40s ~ early 50s ( depending on polls).
2. How is this related to the sub
(1) Financial regulation & AI boom: The liberalization of stock market combined with AI boom has introduced a great volatility in Korean stock market, leading to popular backlash against the ruling party.
https://preview.redd.it/m9edlndnxmhh1.jpeg?width=1170&format=pjpg&auto=webp&s=978b3070ccd14d53aab6e4b828f371ac6548e7af
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