Losses from derivatives linked to Chinese stocks to be compensated

Photos / 황석주 / 2024-03-11 10:57:53
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Losses from derivatives linked to Chinese stocks to be compensated

Lee Bok-hyun, chief of the Financial Supervisory Service (FSC), holds a news conference at the FSC headquarters in Seoul on March 11, 2024, unveiling a set of plans advising banks and brokerages to compensate for losses from equity-linked securities products tracking Hong Kong's H Index. The financial regulator's preliminary inspection, conducted for two months since Jan. 8, has revealed "various cases of incomplete sales" involving the derivative products. (Yonhap)

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