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South Korean stock market amplification move! Announced suspension of stock short trading

South Korea's Financial Supervisory Authority issued a statement on November 5, saying it would temporarily ban short selling of stocks from November 6 until June 2024 to allow regulators to improve rules and systems.。Earlier, the Korea Financial Supervisory Authority also announced plans to launch a full investigation into short selling of shares by global investment banks, which will begin in November.。The Korean Financial Supervisory Authority will investigate all short selling since May 2021, when South Korea partially lifted a ban on short selling of stocks imposed during the outbreak.。

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