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Re: 12yearplan post# 220741

Wednesday, 05/08/2024 9:25:15 AM

Wednesday, May 08, 2024 9:25:15 AM

Post# of 221942
Nothing surprises me about Credit Suisse anymore.
The financial market watchdog said last week it was testing, opens new tab a new monitoring system designed to detect illegal short-selling of domestic stocks before lifting a blanket ban on short-selling in South Korea.

But it appears SK companies are ripe to be shorted.
South Korea's reforms aim to resolve the so-called "Korea discount", which refers to domestic companies' lower valuations than global peers stemming from factors such as low dividend payouts and opaque governance structures.
https://www.reuters.com/markets/asia/south-korea-prepares-new-monitoring-system-detect-illegal-stock-short-selling-2024-04-25/

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