Veteran South Korean investors swear off local stocks following massive market crash
A massive sell-off that wiped out trillions from South Korea’s KOSPI index has left even the most experienced investors shaken. One trader who started in May remarked, "I got completely swept up...I've engraved two rules...Don't invest in Korean stock market [and] follow the first rule." Regarding President Lee Jae-myung's market reform efforts, another investor commented, "The government put fuel into the fire."
by shortkt.com✓