Korea Exchange CEO Wants Short Selling Curb Lift

South Korea needs to take the politically difficult step of fully lifting curbs on stock short selling to ensure inclusion in a key global index, says Sohn Byung Doo, chief executive officer of Korea Exchange Inc. “But this issue is so political. That’s why the government needs some rationale to persuade the public better,” he says. Sohn also discusses how Korea shares are being undervalued, by the so-called “Korea discount”, while local companies seek bigger valuations in the US following Coupang’s listing.
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Source: Bloomberg Television