韩国股市连续大幅下跌后,政府采取紧急行动稳定市场。韩国财政部长Koo Yun Cheol周三主持召开紧急市场会议,推出一系列救市措施[1]。其中,政府计划对散户持有的杠杆ETF设定投资组合比例上限,并提高杠杆产品的交易成本,以限制风险较高的散户杠杆交易[1]。
Kospi指数从6月高点累计下跌约40%[1],周三因SK海力士业绩不及预期而跌势加深,触发全市场熔断机制[1]。这已是韩国股市连续第二日触发全市场熔断[1]。为加强政策实施力度,政府正参考香港的灵活杠杆制度,建立紧急市场干预的法律基础[1]。
South Korea's government has rolled out urgent interventions to shore up its stock market following a sharp downturn. The KOSPI index has fallen approximately 40 percent from its June peak [1], with losses deepening on Wednesday after SK Hynix reported disappointing earnings results, triggering a market-wide circuit breaker for the second consecutive day [1].
In response, South Korea's Ministry of Finance convened an emergency market meeting on Wednesday, led by Finance Minister Koo Yun Cheol [1]. The government announced plans to restrict individual investors' participation in leveraged ETF trading by imposing portfolio proportion caps on retail holdings [1], while simultaneously raising transaction costs for leveraged products [1]. Officials cited Hong Kong's flexible leverage framework as a reference point in establishing legal grounds for emergency market intervention [1].