Page 4 - சேவைகள் தரகு தலைவர் ஏன் பாடியது சூ News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Gov t under fire for lax screening of ailing companies receiving support
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State-run organizations to strengthen ESG values
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Korean financial leaders promoting ESG amid fears of stock declines
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Posted : 2021-02-03 19:59
Updated : 2021-02-03 21:23
Financial Services Commission Chairman Eun Sung-soo, speaks during a press briefing at the Seoul Government Complex in Gwanghwamun, Wednesday. Yonhap Outright abolishment not an option given foreign, institutional investors make up 80% of the market
By Lee Kyung-min
The Financial Services Commission (FSC) said Wednesday that it will extend a ban on short-selling until May 2, 90 days longer than its scheduled expiration date of March 15. The move is seen as a much-rushed measure designed to placate retail investors seeking collective action to vote in non-ruling party figures in the upcoming April mayoral by-election.
Starting May 3, short-selling will be allowed for shares of the top 200 companies on the benchmark KOSPI and those of the top 150 firms on the secondary Kosdaq. They account for a respective 22 percent of 917 KOSPI-listed companies and 10 percent of 1,470 KOSDQ-listed ones. Shares of other less frequently t
Posted : 2021-02-01 16:15
Updated : 2021-02-02 09:13
Financial Services Commission Chairman Eun Sung-soo, second from right, fixes his gaze at Anti-Corruption and Civil Rights Commission Chairperson Jeon Hyun-heui during National Policy Committee meeting at the National Assembly on Yeouido, Seoul, Jan. 29. Yonhap
Over 60 % retail investors oppose resumption of short selling
By Lee Kyung-min
The government is expected to extend its short-selling ban for another three months until mid-June, in a move to placate retail investors seeking collective action against what they consider an extremely uneven playing field on the stock market, according to multiple sources, Monday.
The much-politicized financial investment method is being widely used by foreign and institutional investors to make profits after selling borrowed shares at a lowered price in a bear market at the expense of retail investors.