Korean stock market rebounded and Korean investors refinanced

ON 16 AUGUST, ACCORDING TO MEDIA REPORTS, WITH THE SOUTH KOREAN STOCK MARKET REBOUNDING FROM ITS LOWS, LOCAL KOREAN INVESTORS AGAIN MADE A MASSIVE MOVE TO BUY DOMESTIC STOCKS. STATISTICS FROM THE KOREA FINANCIAL INVESTMENT ASSOCIATION (KOFIA) SHOW THAT THE BALANCE OF THE FINANCING COUPONS (I.E., THE BOND DEBT) USED TO BUY STOCK AS OF THURSDAY AMOUNTED TO 30,93 TRILLION WON ($21.8 BILLION), UP FROM 27.44 TRILLION WON ON 3 AUGUST. THE SCALE OF THIS FINANCING HAS RISEN AGAINST THE BACKGROUND OF MARKET WEIGHT SHARES SUCH AS SAMSUNG ELECTRONICS AND SK HERCULES, WHICH HAVE RECOVERED SIGNIFICANTLY FROM THE SHOCK SITUATION CAUSED BY CONCERNS ABOUT THE PROFITABILITY OF AI-RELATED INVESTMENTS. THE ANALYSTS BELIEVE THAT, GIVEN THE AMELIORATION OF AI-RELATED CONCERNS, THE SOUTH KOREAN STOCK MARKET IS NOT SHOWING ANY IMMEDIATE SIGNS OF COOLING, AND THAT THE SCALE OF FINANCING MAY CONTINUE TO RISE FOR SOME TIME AND IS EXPECTED TO RISE TO A NEW HIGH。