New Year's Stock Market Opening Ceremony... "Response to Uncertainty and Continuing Value Up"

Our stock market held a new year's opening ceremony today (2nd) and started trading for the first time.

Today's opening ceremony was attended by political figures, including Chung Eun-bo, chairman of the Korea Exchange, Kim Byung-hwan, chairman of the Financial Services Commission, and Lee Bok-hyun, chairman of the Financial Supervisory Service.

Chairman Jung Eun-bo said last year that the Korean capital market was quite sluggish due to internal and external conditions amid weakening growth potential due to weak domestic demand and slowing exports, and diagnosed that there are market risks again this year.

He then emphasized that as a capital market manager, he would create new growth engines by responding to market uncertainty and continuing value-up programs for new leaps.

Kim Byung-hwan, chairman of the Financial Services Commission, also said he will not let go of the tension as market uncertainty and volatility continue, and value-ups will continue consistently.

In addition, he explained that he will create a short selling computer system by the end of March so that short selling can resume without damage.