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Partial lifting of short-selling ban to affect bio stocks

Posted : 2021-05-02 16:21 Updated : 2021-05-02 16:37 Financial Services Commission Chairman Eun Sung-soo attends a meeting with CEOs from financial institutions and securities firms here, at the Korea Exchange s Seoul office on April 15. Yonhap By Lee Min-hyung With the country set to resume some forms of short-selling after a 14-month ban, investors and stock market analysts said biotechnology stocks could be affected by the resumption. From May 3, retail investors on either the KOSPI or the tech-savvy Kosdaq will be allowed to borrow shares. Despite the partial resumption, the financial authorities will decide later whether to allow the short-selling of other listed stocks.

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