'China Fund' Revived After Surviving Stimulus Measures [3-Minute Brief]

[At a Glance]
① Democratic Party Delegates Financial Investment Tax Decision to Leadership
② 185 Twenty-Something Coin Millionaires with Assets Over 1 Billion Won
③ OTT Subscriptions Slowly Rise... Subscription Fees Cause Shock

MARKET INDEX : Year to date

○This week's stock market... Volatile market expected

○Ongoing concerns over Middle East geopolitical risks

○KOSPI index expected range 2500~2640

Top3 NEWS

■ Democratic Party delegates decision on financial investment tax to leadership... Postponement vs. abolition debate intense

○Whether to implement the financial investment tax likely to be decided by party leadership
○"Both conclusion and timing of the financial investment tax are delegated to the leadership"
○"Some lawmakers have changed their stance... there are also opinions for abolition"

■ 185 crypto wealthy in their 20s with over 1 billion KRW... Average holdings of 5.2 billion KRW

○Analysis of 'crypto asset holdings' from Upbit, Bithumb, etc.
○Total of 3,759 accounts holding over 1 billion KRW
○Inherited, diversified investors or full-time investors

■ Slowly on Netflix and YouTube... Subscription fees that make you gasp

○Annual OTT subscription cost for domestic consumers is 500,000 KRW
○Korean consumers subscribe to an average of 3.4 services
○In East Asia, Taiwan leads with 4.2 subscriptions on average

Graphic News: Record-high corporate control disputes... "Warning signs for Korean-style governance"

-More lawsuits than last year's 'record-high' level

-Korean-style governance vulnerable to control disputes is the cause

-"Risks will continue without resolving the Korea discount"

the Chart: Chinese funds revived by China's economic stimulus, will the upward trend continue?

-China-related funds have had the highest returns in the past month

-Greater China 20.27%, China 17.02%, Chindia 11.79%, etc.

-Recent surge in Chinese stock market influenced by economic stimulus policy package

Term in the News: Israeli army crossed the 'Blue Line'

Blue Barrels installed on the Blue Line, the border between Lebanon and Israel [Photo by AlHadath YouTube]

-Land boundary line set by the UN dividing Israel and Lebanon

-In 2007, to show the exact route of the Blue Line

-Agreement to install physical markers called ‘Blue Barrels’

Today's Key Schedule

○Domestic

7th KOSDAQ Selbion subscription, public offering price 15,000 KRW

7th KOSDAQ Inspion subscription, public offering price 12,000 KRW

7th KOSDAQ Hancem subscription, public offering price 18,000 KRW

Gangwon Inje La Foret

○Overseas

15:00 UK September Halifax House Price Index

15:00 Germany August Factory Orders

18:00 Eurozone August Retail Sales

19:00 Eurozone Finance Ministers Meeting

◇Lunch & Commute Weather

○ Lowest temperature 14℃(▲2℃) ｜ Highest temperature: 23℃(▼2℃)
○ Precipitation probability morning 20%｜afternoon 10%
○ Fine dust morning moderate｜afternoon moderate

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