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Presidential hopefuls seek support from retail investors


Presidential hopefuls seek support from retail investors
Posted : 2021-07-05 08:48
Updated : 2021-07-05 08:48
Former Democratic Party of Korea Chairman Lee Nak-yon, center, speaks during a roundtable at the Korea Financial Investment Association headquarters building on Yeouido in Seoul, Friday. Courtesy of Lee s office
By Park Jae-hyuk
Presidential hopefuls are making frequent visits to the financial district of Yeouido in Seoul, apparently seeking to win the hearts and minds of retail investors who have become an influential voting bloc since the stock market boom that started last year.
On Friday, former Democratic Party of Korea (DPK) Chairman Lee Nak-yon, one of the ruling party s presidential contenders, attended a roundtable held by DPK lawmaker Hong Sung-kook at the Korea Financial Investment Association headquarters building on Yeouido. ....

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Retail investors vow war if short-sellers end South Korea stock rally


May 3, 2021
Retail traders who drove record gains in South Korean stocks during the darkest days of the pandemic have been bracing for a new threat the return of institutional players betting on share-price declines.
The world’s longest ban on short-selling stocks came to an end Monday, with stocks fluctuating between gains and losses. Nevertheless, the end of the ban has individual investors scrambling for strategies to protect their portfolios.
Some have cashed out large chunks of their holdings over recent weeks, while others are toying with the idea of trying short selling themselves. One influential group, the Korea Stockholders Alliance, even vowed to gather day traders into a force to fight short-sellers much the same way their U.S. peers took on Wall Street over GameStop Corp. if equities begin to tumble. ....

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May 03, 2021 - The Japan Times


Soccer May 4, 2021
Sapir Berman made sports history on Monday, officiating at a soccer match in Israel s Premier League for the first time since coming out as transgender.
This is the first step in a long and wonderful journey. Sapir, we are proud to do it with you, .
MLB May 4, 2021
Chairman Jane Forbes Clark said the National Baseball Hall of Fame and Museum accepted Roberto Alomar s resignation from its board of directors following an investigation into a sexual misconduct allegation against him.
Major League Baseball placed Alomar on its ineligible list last week and fired .
Basketball May 4, 2021
Masatomo Taniguchi, the highest point scorer in men s basketball at the 1972 Olympics in Munich, died of pancreatic cancer on Monday, people close to him said. He was 75. ....

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