According to a report by South Korea's “Joongang Daily” Chinese.com on the 28th, South Korea's financial supervisory authorities decided that if overheating investment in single-stock leveraged products does not subside, additional regulatory measures such as individual investment limits will be introduced. Currently, we are focusing on a plan to limit leveraged investment in individual stocks to less than 20% of the investment amount of all financial investment products. The reporter noticed that statistics previously disclosed by the South Korean government show that as of July 13, the cumulative forced liquidation scale in July reached 344.2 billion won, and more than 1.2 million leveraged retail accounts hit the margin recovery line. Of these, about 320,000 to 360,000 accounts have already been forcibly closed in full by brokerage firms, and some accounts have even gone out of money to brokerage firms.

According to a report by South Korea's “Joongang Daily” Chinese.com on the 28th, South Korea's financial supervisory authorities decided that if overheating investment in single-stock leveraged products does not subside, additional regulatory measures such as individual investment limits will be introduced. Currently, we are focusing on a plan to limit leveraged investment in individual stocks to less than 20% of the investment amount of all financial investment products. The reporter noticed that statistics previously disclosed by the South Korean government show that as of July 13, the cumulative forced liquidation scale in July reached 344.2 billion won, and more than 1.2 million leveraged retail accounts hit the margin recovery line. Of these, about 320,000 to 360,000 accounts have already been forcibly closed in full by brokerage firms, and some accounts have even gone out of money to brokerage firms.