South Korea to Lift Short-Selling Ban by March 2025, Kospi Expected to Be Affected

South Korea's top financial regulator announced plans to lift the ban on short selling by the end of March 2025. This decision follows an interim investigation report by the Financial Supervisory Service (FSS) revealing that illegal short selling was prevalent and possibly intentional. The regulator will ensure necessary rule revisions are in place before lifting the ban. Additionally, the regulator has requested large conglomerates to actively participate in a corporate value-up program and will closely monitor the impact of the upcoming U.S. rate decision on domestic markets. The Kospi index is expected to be affected by this change.