Korean stock investors are going mad: securities firms made a profit of 4 trillion won in the first quarter! Banks step in to restrict borrowing for stock trading.

According to the report from the Korean news agency, in the first quarter of this year, South Korean securities companies achieved a net profit exceeding 40 trillion Korean won, setting a record high for the quarter. While South Korean securities companies are attracting funds, South Korean investors have started "borrowing money to speculate in stocks." Recently, with the sharp adjustment of the South Korean KOSPI, the overdraft account balance of the country's major commercial banks has increased by more than 600 billion Korean won. In order to prevent the surge in the phenomenon of "borrowing money to speculate in stocks," South Korean banks are tightening credit loans.