With the government drawing out a’partial resumption’ card for short selling, one of the biggest issues in the stock market, John Lee, CEO of Meritz Asset Management, assessed that short selling also has a net function, attracting attention. Photo = Youngwoo Kim, reporter of the Korea Economic Daily [email protected]
With the government drawing out a’partial resumption’ card for short selling, one of the biggest issues in the stock market this year, John Lee, CEO of Meritz Asset Management, assessed that “short selling also has a net function,” attracting attention. Representative John Lee is regarded as a representative figure encouraging stock investment to domestic individual investors called’Donghak ants’.
The SBS program’Confrontation of the Century! In the third episode of’AI vs. Humans’, a’stock investment showdown’ was held in which an actual investment was made with an investment of 100 million won.
Representative John Lee, who appeared as one of the panels on the broadcast, stood in a position to support the short selling system.
Representative John Lee said, “Short selling also has a net function,” and “(short selling) is not necessarily a bad thing as it eliminates stock bubbles.”
In the meantime, individual investors have insisted on extending the ban on short selling, saying that if short selling resumes, the uptrend in the stock market could cool down. In the current stock market, a temporary ban on short selling for all stocks has been in effect since March 16 last year.
However, as the Financial Services Commission held an extraordinary meeting on the 3rd and decided to resume short selling, short selling of 350 medium and large stocks belonging to the KOSPI 200 and KOSDAQ 150 indexes will resume from May 3rd. It is possible to short sell most of the stocks representing the domestic stock market, such as Samsung Electronics and Celltrion Healthcare. The ban on short selling of the remaining small stocks will remain for the time being.
Meanwhile, CEO John Lee previously appeared on various popular TV programs such as’The Butler’ (SBS),’You Quiz on the Block’ (tvN), and’The Problem Son of the Rooftop Room’ (KBS) to participate in stock investment by young people. Has been induced. Some individual investors even refer to John Lee as’Jon Bong-jun’ in the sense of a vanguard leading the Donghak Ant Movement.
Reporter Oh Jung-min Hankyung.com [email protected]
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