President Lee's instruction to "prepare supplementary measures for leverage"... Financial Services Commission Chairman: "Announcement soon"
Financial Services Commission Chairman Lee Eok-won speaks at a public opinion hearing on real estate financial policies held at the Korea Federation of Banks in Seoul on the 15th
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Summary
Financial Services Commission Chairman Lee Eok-won speaks at a public opinion hearing on real estate financial policies held at the Korea Federation of Banks in Seoul on the 15th. Yonhap News — Financial Services Commission Chairman Lee Eok-won said on the 16th that he will prepare and announce soon measures to supplement single-stock leveraged exchange-traded funds (ETFs) for Samsung Electronics and SK Hynix, which are cited as causes of increased volatility in the domestic stock market. Honam Semiconductor power supply preparation... Base rate hike imminent... 'Average interest alone 6.13 million won' — emergency for 'all-in' and 'debt investment' groups Financial authorities tighten DSR further...
Furthermore, He said, "Related expectations and concerns cross each other every day, and whenever news comes out, (stock prices) fluctuate," adding, "Not only in South Korea but also global semiconductor stocks continue to fluctuate.".
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
Financial Services Commission Chairman Lee Eok-won speaks at a public opinion hearing on real estate financial policies held at the Korea Federation of Banks in Seoul on the 15th.
reliability low1/2 sourcesYonhap News — Financial Services Commission Chairman Lee Eok-won said on the 16th that he will prepare and announce soon measures to supplement single-stock leveraged exchange-traded funds (ETFs) for Samsung Electronics and SK Hynix, which are cited as causes of increased volatility in the domestic stock market.
reliability low1/2 sources
Reported detailssecondary facts, each attributed to its source
Honam Semiconductor power supply preparation... Base rate hike imminent... 'Average interest alone 6.13 million won' — emergency for 'all-in' and 'debt investment' groups Financial authorities tighten DSR further...
according to Maeil BusinessHe said, "Related expectations and concerns cross each other every day, and whenever news comes out, (stock prices) fluctuate," adding, "Not only in South Korea but also global semiconductor stocks continue to fluctuate."
according to Kyunghyang Shinmun
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