‘Welcome’ over’KOSPI 3000′, 野’Concern’… Temperature difference

[이데일리 이정현 기자] The reactions of the politicians are mixed over the era of the’KOSPI 3000′. In addition, the Democratic Party foretold the rosy future of the Korean economy by empowering Donghak ants (individual investors) that led the stock market to rise, but the opposition was concerned about the gap with the real economy. It was pointed out that there was a bubble, but there were also rumors between the opposition parties over it.

On the 7th, the KOSPI showed an uptrend at the beginning of the market and recovered 3,000 intraday in one day. (Photo = Yonhap News)

On the 7th, CEO Ahn Chul-soo said that the stock price exceeded the 3000 mark during the week. “The boom in the stock market is paradoxically thanks to investments caused by the despair of those who cannot buy a house.” “If you do not have stock, you will not be able to buy a house forever. It was forced to drive the people into the stock market.” This means that as prices soared due to the government’s failure in real estate policy, the common people’s surplus funds were concentrated in the stock market where they could invest with relatively little money.

Democratic Party lawmaker Kim Byeong-wook and former future united party lawmaker Lee Hye-hoon (current people’s power) continued debate over the KOSPI 3000. The two had argued over the possibility of achieving this even when President Moon Jae-in first remarked last month that “a hopeful prospect for the opening of the KOSPI 3000 era will come out”.

Rep. Kim said the day before, “The achievement of the KOSPI 3000 was not the sound of hitting the Bongchang while sleeping, like the words of Ho-young Joo,” said “In order to criticize President Moon, he negatively mentioned the breakthrough of the KOSPI 3000. I misunderstood it,” he criticized the opposition.

In response, former lawmaker Lee refuted, saying, “It is not impossible, it means that the situation going to the KOSPI 3000 is dangerous.” “Because the real economy is good, the stock price is not rising, so even a small external shock may blow out the bubble, so you should prepare carefully.”

In the comments of former Congressman Lee, Congressman Kim analyzed that there were many factors to increase the stock price, such as corporate performance, interest rates, liquidity of funds, dividend disposition, and changes in corporate governance.

Some argue that the short selling system, which will resume in March, should be improved in the era of the KOSPI 3000. The government temporarily banned short selling after the stock price plummeted in the aftermath of Corona 19 last year, and it was analyzed that personal investment was activated thanks to it.

Democratic Party lawmaker Park Yong-jin said, “Preparing a system that can save the net function of short selling but prevent dysfunctions and incorrect systems is the top priority. The problem is information injustice between individuals, some institutions, and powerful individuals, and short selling should not be hastily resumed until this is resolved. I can do it.”