[3-Minute Brief] Protect the Stock Price... 'Short Selling Ban'

[3-Min Brief 3-Second Summary]
Fourth Ever Short-Selling Ban in History
60 Trillion Won Increase in One Year... Corporate Loans Soar
Stop Flexing... MZ Generation's 'Cash Challenge'

TOP 3 NEWS

■ Short Selling Ban... Concerns Over "Political Decision and Capital Flight Side Effects"

- Fourth ban in history, decided under different conditions from previous three
- Could be interpreted as political interference in the market... concerns over side effects
- Possible negative impact on stock prices due to foreign capital flight and weakened adjustment function

■ Toyota's Soaring Performance, Secret Behind Selling 5 Million Units in the First Half

- Expected to set an all-time high for half-year performance
- Both vehicle deliveries and sales volume increased simultaneously
- US factories and hybrid popularity also driving production

■ No More Flexing... These Days, the MZ Generation is Taking on the 'Cash Challenge'

- Challenge of using only cash instead of mobile payments
- Key point is emphasizing planned consumption, unlike flexing
- In an era of high inflation... 'frugal consumption' culture spreading domestically and abroad

MARKET INDEX

- New York stock market rally expected amid hopes for end of US interest rate hikes
- Especially growth stocks that have fallen excessively expected to recover
- Federal Reserve (Fed) holds benchmark interest rate steady at 5.25~5.50%

The Map

- Diverging opinions surround Gimpo's incorporation into Seoul
- "Expecting regional economic revitalization through industrial land development"
- Criticism over procedural issues such as lack of resident voting

Graphic News: Corporate Loans Soar by 60 Trillion Won in One Year

- Increased by 8 trillion won to 746 trillion won last month compared to previous month
- Largest increase in corporate loans since July
- Bank loans rise as corporate bond issuance rates increase

Person in the News: China's Bottled Water King 'Zhong Sanshan'

- Founder of China's 'national bottled water' Nongfu Spring
- Grew with natural water brand... emphasized marketing
- Maintained No.1 wealthiest person in China for three consecutive years after listing

Today's Key Schedule

○ Domestic
- Capstone Partners public subscription / offering price 4,000 won
- Financial Supervisory Service launches 'Short Selling Special Investigation Team'
- 16:00 Kakao Pay Q3 earnings conference call

○ Overseas
- President Biden's 'Bidenomics' speech (Delaware/time TBD)
- 09:30 Japan Services Purchasing Managers Index (PMI) (October)
- 17:50 France Services Purchasing Managers Index
- 18:00 Markit Composite Purchasing Managers Index
- 18:00 Services Purchasing Managers Index
- 18:30 UK Construction Purchasing Managers Index

◇ Lunch & Commute Weather

○ Lowest temperature 16℃(▼1℃) ｜ Highest temperature: 17℃(▼5℃)
○ Precipitation probability morning 80%｜afternoon 70%
○ Fine dust morning good｜afternoon good

3 minutes is OK, essential time-efficient economic news. Published daily at 8 AM.