South Korea’s presidential office responded to calls to hold policy chief Kim
Yong-beom responsible for recent market swings linked to the launch of
single-stock leveraged ETFs, saying officials will prioritize close market
monitoring and preparing appropriate responses. Communications senior secretary
Seong Gi-hong said both the property and equity markets are showing elevated
volatility with material effects on households, and that relevant Blue House
officials are carefully reviewing situations and cautiously studying potential
measures.
