HAN'S TAIL MARKET FELL BY ALMOST 8%

The South Korean stock market suffered a major setback at the end of the 2nd day, when Kospi fell to 7,616 points and reported 7,648 points, almost 8 per cent. Three-star electrons and weight shares like SK Hercules are weak and slow down large-scale performance.

Supervisory level meeting with senior management.

According to the Korean Journal of Culture, the spokesperson for the Korea Financial Supervisory Authority (FSS) stated that the head of the institution was expected to meet with the head of the domestic asset management company on 13 July. The CEO of major ETF market institutions such as Samsung, future asset securities, KIM, the New Korea Financial Group and Korean Asset Management is expected to attend.

Discussion focused on leverage ETF

The report indicates that the financial community expects that the meeting will focus on strengthening investor protection measures related to the ETF. The recent increase in market volatility has also given new attention to risk management for such products.