Lates News

The Chairman of the Financial Services Commission (FSC) of South Korea, Lee Yi-yuan, stated that supplementary measures for individual stock leverage products will be announced soon. On the 16th, when asked about the impact of individual stock leverage products on recent market fluctuations, Lee Yi-yuan responded that "the key lies in the extent of its impact" and said, "We will promptly establish and announce supplementary measures." When asked whether the FSC is studying the implementation of a temporary trading suspension system during significant market declines, he stated, "The market has its own operating rules, and such measures may bring about greater side effects, so we are comprehensively evaluating the relevant situation." Lee Yi-yuan pointed out that the high volatility in the global semiconductor industry is a significant background for recent market fluctuations. The semiconductor industry has rapidly developed under the "super cycle," with stock prices rising sharply in the short term due to alternating market expectations and concerns, leading to increased volatility in South Korean and global semiconductor stocks. He emphasized that with the substantial increase in market value of Samsung Electronics and SK Hynix, the weight of these two companies in the comprehensive stock index of South Korea has continued to rise, amplifying the impact of fluctuations in semiconductor sector stock prices on the overall market.