Financial Services Commission Chairman Lee Uk-heon: "Expanding Long-Term Supply and Demand Foundations for the Stock Market... Carefully Refining Volatility Mitigation Mechanisms"

Financial Services Commission Chairman Lee Uk-heon stated, "We will expand the long-term supply and demand foundations in the domestic stock market and meticulously refine volatility mitigation mechanisms for emergency market situations."

During a congratulatory speech at a conference celebrating the 29th anniversary of the Korea Capital Market Institute held in Yeouido, Seoul, Chairman Lee said, "We will accelerate efforts to improve the constitution of the capital market to enhance market dynamism while simultaneously strengthening market fundamentals by resolving accumulated anxieties."

He first noted, "Rather than short-term trading and debt-financed investing, long-term funds linked to the formation of the public's assets should serve as the pillar of the market," adding, "We will make adjustments so that long-term investing becomes a rational choice through the launch of initiatives such as the our-child independence fund and productive finance ISAs."

He continued, "We will also work together with relevant ministries to consider financial taxation—one of the topics to be discussed today—in a direction where holding assets longer yields greater rewards."

Regarding the KOSDAQ market, which has recently been trapped in the 800s with limited movement, he emphasized, "We will strongly pursue market structure restructuring and the expansion of investment funds."

Chairman Lee explained, "We will create an environment where long-term institutional funds, such as pension funds and policy funds, can flow in," and added, "We will establish Korea Strategic Technology Partners, a specialized asset manager dedicated to ultra-long-term, large-scale investments in future strategic technologies, to ensure that funds are supplied to core source technology sectors."

Furthermore, amid growing market uncertainties driven by variables such as base interest rates and international oil prices, Chairman Lee stated, "We will closely manage stock market leverage, including credit financing, and meticulously refine volatility mitigation mechanisms, such as introducing the Financial Services Commission's market stabilization and emergency authority measures during emergency situations."

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.