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South Korea bans short selling until 2024

www.ft.com/content/d70585d4-295e-4484-94db-49cc7efb9635

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  • The ban reverses regulators’ decision in 2021 to lift short selling restrictions on the Kospi 200 and Kosdaq 150 stocks. The restrictions had been imposed during the pandemic to shore up the stock market.

  • The ban imposed by the Financial Services Commission will be in place until June 2024 and applies to all listed stocks in South Korea. “

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