Finance Minister Han apologizes: promises to adjust regulations on single stock leveraged ETFs

South Korean Finance Minister Choo Kyung-ho apologized for launching a single stock leveraged ETF without careful consideration. According to Gate market data, on Wednesday, the South Korean KOSPI index experienced turbulence, dropping as much as 12% during the day, and ultimately narrowing its decline to about 8%. Choo Kyung-ho stated that the government is studying market stabilization measures and may further adjust the relevant regulations for single stock leveraged ETFs to respond to market fluctuations.