South Korea Set to Lift Short Selling Ban on March 31

Reported about 6 hours ago

South Korea's Financial Services Commission has announced plans to lift the ban on short selling for all stocks starting March 31, after it was imposed in 2020 due to market volatility caused by the pandemic. The chairman emphasized that a full resumption is necessary for restoring international credibility, while new systems for monitoring trading practices are being implemented to ensure fairness and transparency. The previous restrictions had sparked concerns about market attractiveness.

Source: YAHOO

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