Exchange "Hanmi Pharm, whether unfair trade practices have focused more short sales"

[Korea goyounghun financial newspaper reporter] Korea Exchange five days "Hanmi situation is whether unfair trade practices focus more short selling," he said.

Exchanges "may debate the effectiveness of the system due to overheating, short-selling stocks applicable standards are too demanding bulgeojil" before the media the "Hanmi situation can not even prevent short-selling ban system called 'articles through the sheds were together and thus against the sidewalk.

Exchange side last month to 28 days applies to the bylaws amended in 2015 and 2016 short-selling overheating sports simulation results, the extraction number overheating stocks are on average 50 cases of securities market (one to five days), the KOSDAQ market average 40 cases (one in about 6 days) was explained.

At a level that does not undermine the function of a healthy market as short sales can specify how often concentrated excessively harvested stocks, which shares plunge, with reference to the alarm system that is able to operate an effective exchange allegations.

Also last year, Hanmi Pharmaceutical announced that the situation improved for the relevant disclosure to whether the focus of the issue of unfair trade advantage by short selling after obtaining the undisclosed information in advance rather than the issue of short-selling itself, similar cases to prevent recurrence.

Followed by short-selling stocks overheating designated institutions emphasized that in order to prevent abnormal price plunged due to the excessive short-selling, not to prevent the unfair trade with non-public information.



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