South Korean financial regulator holds emergency meeting, stating that the stock market decline is an overreaction
2026-10-15 15:23:22
According to CoinMeta, the Financial Services Commission of South Korea held an "emergency meeting on the stock market situation" on the afternoon of October 15th in Seoul, chaired by Commissioner Lee Eui-yon. Relevant institutions such as the Financial Supervisory Service and the Korea Exchange, as well as market experts, participated in the meeting. The meeting discussed the trend of the stock market and the flow of funds from foreign and institutional investors. Participants believed that factors such as the expected rise in global interest rates, the uncertainty of investment and profit prospects in the artificial intelligence and semiconductor industries, and the increase in international oil prices had led to increased volatility in the stock market. However, they also pointed out that there was a phenomenon of excessive market reactions. Financial regulatory authorities will closely monitor market trends and capital flows and adhere to a "zero tolerance" policy to crack down on behaviors that disrupt market order.
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Source:Jin10 Data
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