The South Korean stock market has become a “gambling den,” claimed the leader of the largest opposition party, while accusing President Lee Jae-myung of causing the problem.
The leader of the People Power Party in South Korea, Jang Dong-hyuk, has accused President Lee Jae-myung of turning the country's stock market into a 'gambling den.' This criticism comes as the government faces backlash for approving leveraged single-stock exchange-traded funds, particularly as chipmaker stocks surge on the benchmark.
