Korea’s $1.7 Trillion Rout Burns Day Traders, Challenges Lee
South Korea’s government turned the world’s hottest stock market into a political trophy. Now, a reversal that’s wiped out more than a trillion dollars in value is stirring a retail...
By Youkyung Lee and Soo-Hyang Choi · Bloomberg Markets
South Korea’s government turned the world’s hottest stock market into a political trophy. Now, a reversal that’s wiped out more than a trillion dollars in value is stirring a retail investor backlash and testing public faith in its leaders.