Page 4 - Jung Eui News Today : Breaking News, Live Updates & Top Stories | Vimarsana

N.Flying's Seunghyub will appear as a guest on the upcoming episode of 'Yoo Hee Yeol's Sketchbook'.According to media reports on February …

By Lee Kyung-min The U.S. GameStop saga is unlikely to materialize in Korea, due largely to a tighter financial market system where small retail investors have limited influence in spiking up share prices through short-selling, according to market watchers, Wednesday. The much-politicized investment method is widely used by foreign and institutional investors seeking profit after selling borrowed shares at a lower price in a bear market at the expense of retail investors. Melvin Capital Management, a New York-based hedge fund that bet against the American consumer electronics and gaming merc...

In the U.S., small investors have defied short-sellers by banding together online, renting billboards in Times Square and even flying banners from planes; in Korea, they are driving a bus.

Short Sellers Under Siege Everywhere Have It Really Bad in Korea Bloomberg 1/29/2021 In South Korea, the government is piling on too. Lawmakers who oversee the country’s $2 trillion stock market are discussing plans to extend one of the world’s longest bans on short selling, amid pressure from mom-and-pop punters who drive more than two thirds of daily trading. Calls to make the 10-month ban permanent are mounting. More than 203,000 people have signed a petition imploring President Moon Jae-in to make short sales illegal -- crossing a threshold of 200,000 that compels him to provide an ...