Chapter 846 – Korea
Stock index.
It is an important indicator when investing overseas.
“Korea’s stock market was not attractive to both domestic and foreign investors. There was a preconceived notion that it was always a box-office market.”
It climbs well?
It’s not going up?
Because it serves as the standard.
US stocks are trending upward.
Korean stocks are boxy.
This is the reason why the evaluation is poor.
“It will change from today. The Korean S&P 500! CW100 will write a new history in the Korean stock market.”
We are working on a fundamental solution.
Lee Chan-wook.
Giving a speech at the Korea Exchange.
Government officials.
Financial industry officials.
Other reporters and incumbents.
“I’m anxious because it’s in the Korean style.”
“Hmm.”
“Well, since it’s Lee Chan-wook, I’ll do something~.”
I can’t help but pay attention.
Korea Exchange.
The comprehensive stock index is displayed on the electronic display board.
KOSPI and KOSDAQ.
Another stock index has been added.
—————————–±
『CW Korea Growth 100』
22,100 won ▲12,100 won (+121.00%)
[Graph sloping upward for 3 years. Jpg]
±——————————————–
Worthy of it.
It has been proven sufficiently.
There has been a steady upward trend over the past three years.
During a bull market, it rises more.
When the market is falling, defend as much as possible.
Stable stock price flow.
“CW Securities, together with the Korea Exchange, will do our best to help CW100 become Korea’s representative stock index.”
I showed it.
Unlike the KOSPI, which is struggling, it easily passed the corona peak.
It has established itself as the number one net purchaser among individuals.
Such CW Korea Growth 100.
Match! Match! Mate!
Clap! Clap clap clap!
It was natural that it was selected as the official stock index.
There can be no disagreement.
No, I can’t present it.
Securities company officials look on with disappointed faces.
‘Ours should have been chosen…’
‘How do I beat that?’
‘Damn it, I’ll just have to wait a few years for the ants to steal my money.’
The government is active in boosting stock prices.
Problems with the existing index were also discovered.
New index.
Although several securities companies presented their own models.
“Thank you for President Lee Chan-wook’s speech.”
“Yes.”
“This is Park Bo-sung, Chairman of the Korea Exchange. I congratulate the birth of a new comprehensive stock index that can serve as a guide for individual investors.”
You can’t be a competitor.
It is not even able to keep up with market returns.
Even individuals ignore it.
The quote window is empty because there is no trading volume.
“I look forward to the listing of not only the Korean S&P 500, but also the Magnificent 7 and the Philadelphia Semiconductor Index one day…”
In contrast, CW Securities.
Led the rise of KOSPI.
Trusted by individual investors.
Other ETFs are also achieving success.
If the government creates a new index again.
Match! Match! Mate!
Clap! Clap clap clap!
CW Securities’ is bound to be the most influential.
The resulting profits will be enormous.
Why?
It becomes the standard for the Korean market.
Institutions have to follow whether they like it or not.
‘It was built not long ago.’
‘How far do you want to take control!’
‘It’s really Chan-wook Lee’s world now.’
We now have an absolute position.
It cannot be thought of as mere influence.
Standard.
The moment changes occur, it is inevitable for securities companies to revise their strategies.
“We hope that the listing of CW100 will lead to revitalization of the domestic market and inflow of foreign investment, and we hope that 2023 will be the year of KOSPI!”
It has a significant ripple effect.
At best, it is an institution.
It’s not like it doesn’t happen.
It happens.
Dow and S&P 500 are operated by private companies.
I just have a stomach ache.
They could have risen to that position, too.
“Chu, congratulations.”
“The day will come when value investment will bloom in the KOSPI. Yes.”
“I really thought it would turn out well haha…”
It’s spilled water.
It cannot be picked up.
The owner of the new market had to be recognized.
* * *
Korean market.
It is absolutely necessary for fundamental change.
‘No, how can I trust you?’
It’s a mess.
The comprehensive stock index is used by powerful groups to make money.
Are you buying this stock a lot?
The reason is most likely due to expectations of inclusion in the index.
Daily News− 「[Featured stock] Baxal Bio, strong in the 7% range amid expectations of inclusion in KOSPI 200」
It’s not like something similar happens overseas.
However, there are clear screening criteria.
“There is no such thing as being used to wash dishes by powerful forces like this.”
“The securities law itself is not easy to begin with.”
“Yes.”
There is no way it will be easy.
Therefore, there is no expectation.
In contrast, Korea.
‘Because it’s such a mess.’
It is not uncommon for something to actually pass.
The passive funds of the index purchase operational stocks.
You even have to buy a pension fund.
This is because you must own more than 5% of the shares.
“Things that made no sense to anyone were happening on a daily basis. Considering other problems… Structurally, the index could not have swung upward.”
Money goes to strict places.
Anyway, after a few months, it will be a disaster.
It’s like a jar that is constantly leaking water.
There were more than one or two leaking holes.
“We have to stop that first.”
“That’s the right thing to say…”
“Wouldn’t it be okay if we did it somehow?”
Even if it is prevented, it is a problem.
Why?
Hell Joseon should not be looked down upon.
‘That’s why.’
The most ideal way.
It’s all about having it.
It becomes the backbone that controls this market.
“If we eliminate unscrupulous companies from the review, existing indices will also be affected knowingly or unknowingly. No, it will definitely reflect this.”
It’s like a model student’s exam paper.
After the test, I hand over the answer sheet instead.
‘I’m curious.’
Was it right or wrong?
It is the most certain standard until the real answer comes out.
The same goes for the stock market.
I don’t know if that company is really worth investing in.
“That’s why you put all your effort into becoming Korea’s S&P 500.”
“I also had a request from you.”
“Is this something you can ask for?”
Standard.
It wasn’t in this small market.
There are not many investment companies like in the United States.
‘In such a country.’
It becomes the only lighthouse.
As Executive Director Seunghyeon Yoon said, it is impossible not to be influenced.
I’ve been working on it for years.
No, it’s something I’ve wanted since before.
“Society is not something that can be changed by individual efforts. I know very well how futile that is.”
It bore fruit.
It is not a meaningful story.
The scenery has definitely changed.
It was a position of looking down.
Pop! Pop!
Thick teardrops.
There are things that don’t suit older men.
I have worked in the Korean financial industry for 20 years.
It’s likely that many things happened.
“Is it that meaningful?”
“Haha, the tear ducts become weak at this age.”
The true face of the Korean financial industry.
I have been watching from the closest place.
It’s a mess.
It shouldn’t be like this.
Even if you know it.
‘It’s not an area that an individual can do anything about.’
The social system must change.
A consensus among market participants must also be reached.
It is not an easy task.
It can’t be done in one day.
But when the puzzles come together.
“There is a clear distinction between what I can do and what I cannot. It was possible because the managing director helped me.”
It is possible.
What we have accumulated over the years has never been in vain.
Korea’s stock market is being reorganized.
It will be reorganized around the CW100.
“You will have to work harder in the future.”
“It’s an honor.”
“I will trust Korea and leave it to you.”
CW Securities manages it.
That doesn’t mean you can do whatever you want.
‘I guess.’
It is impossible to adjust the portfolio as frequently as before.
That’s why it can’t be a standard.
It will be a more conservative index.
Instead, the derivatives market opens.
“The next thing to do is to create Korea’s FANG and SOX, as the chairman of the Korea Exchange said. We need to speed up other ETFs as well.”
Products based on CW100 are made.
This is an important part.
‘When investing overseas.’
Some people buy specific stocks.
Korean investment in the U.S. Also started with Tesla and Apple.
What next?
I don’t know what to buy.
This is how foreigners view Korea.
“It won’t be easy, but…”
“You will do something.”
“Haha, the mindset of a good manager.”
This is why we only conduct futures trading centered around Ohsung Electronics.
I only play with derivatives.
‘Such a structure.’
Changing is the next step.
It will be a true fable of the Korean stock market.
* * *
Nancy Pelosi.
He is the Speaker of the House of Representatives of the United States.
It is ranked 3rd in the US hierarchy of power.
“… So, I would like to diversify my portfolio to countries other than the United States.”
It is what appears on the outside.
She has another nickname.
“What country are you thinking of?”
“I guess that’s what you came to hear.”
“The countries we often inquire about are China, Southeast Asia, and leader.”
America’s best investor.
There is even an ETF based on her portfolio listed.
—————————–±
『NANC』
20.05＄ ▲12.78＄ (+175.79%)
[Graph that has been steadily uploaded over the past three years. Jpg]
±——————————————–
That’s how knowledgeable he is in stock investment.
And it can never be a coincidence.
‘Hmph, those countries are outdated.’
China and Southeast Asia.
Low labor costs can no longer be touted as an advantage.
Growth momentum has fallen.
Leader is already experiencing excessive investment demand.
“They’re not very interesting countries. Rather, I’d like to know about Korea…”
These are not countries where a rebound will occur in a short period of time.
The return is small compared to the risk.
‘It’s Korea these days.’
Speaker of the House of Representatives.
When you are in a position this high, there is a lot of information coming in.
Make investments based on that.
There was a separate country that was the hottest recently.
It is Korea.
It is an ally of the United States.
You can know information about the country.
“The stock market is too closed. I can’t communicate with Korean securities firms.”
“Is that why you came to see me?”
“I heard that you are the best Korean market expert in the United States.”
The stock market is a different story.
Almost nothing is known to the outside world.
Institutions are also not interested.
That’s why Nancy Pelosi came.
“As expected, you are the chairman of the National Assembly. If you leave it to me, I will never disappoint you.”
Rachel responds with a smile.
