Yang Hyang-ja from Samsung “I need to worry about extending the’prohibition of short selling’ for Donghak ants”

Hyang-ja Yang, the top member of the Democratic Party, speaks at the Gwangju-Jeonnam field supreme committee meeting held in the assembly room of the Gwangju City Council on the morning of the 30th. 2020.10.30/News1 © News1 Reporter Hwang Hee-gyu

Yang Hyang-ja, a former Samsung Electronics executive, and the Democratic Party’s Supreme Council member, said on the 11th that “we need to seriously consider extending the short sale ban in March.”

At a meeting of the Party’s Supreme Council held at the National Assembly’s main office on the morning of that day, Supreme Commissioner Yang said, “There is a lot of concern for individual investors (about lifting the ban on short selling).” “He said.

Chief Commissioner Yang pointed out, “In the past year, the ruling party of the government has also prepared an institutional mechanism to minimize the dysfunction of short selling, but if there is insufficient explanation for this, it will not be able to calm market anxiety.”

He said, “It is a priority for the financial authorities and market participants to fully communicate with the financial authorities now,” he suggested. “For the time being, let’s calm the anxiety about the institution so that the heated capital market can lead to real things.”

In addition, “Donghak ants are not individual investors aiming only for short-term gains, but are future and patriotic investors who are investing in the future of Korea and the K-New Deal.” It must be checked and supplemented.”

Chief Commissioner Yang said, “It is clear that the politics will do, to induce the flow of abundant liquidity to the New Deal Fund and the future industry,” and said, “The policy should not break their expectations.”

On the morning of the 11th, when the KOSPI broke the 3,200 line, the KOSPI index rose 1.60% from the previous day to 3,202.77 on the electronic board of Hana Bank’s dealing room in Myeong-dong, Jung-gu, Seoul. 2021.1.11/News1 © News1 Lim Se-young, reporter

[email protected]