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Lee Jae Myung: "If We Win the Presidential Election, Stock Prices Will Rise Even Without Intervention"

"Constant Stock Price Manipulation in the Market Right Now"

Lee Jae Myung, the Democratic Party presidential candidate, stated on May 24, "If the Democratic Party wins on June 3, stock prices will rise even if we leave things as they are."


Lee Jae Myung: "If We Win the Presidential Election, Stock Prices Will Rise Even Without Intervention" Lee Jae Myung, the Democratic Party presidential candidate, is campaigning. Photo by Yonhap News

During a campaign event in Bucheon, Gyeonggi Province on this day, Lee said, "The stock market is like the very sensitive heart of capitalism, and when the future is uncertain, it contracts. If it is predicted that things will be fine going forward, it improves."


Lee criticized, "If you look at the stock market now, people buy small and mid-cap stocks or poor, unstable ones, and there is constant stock price manipulation. When prices go up, they are brought down, and when they go down, someone pushes them up."


Lee pointed out, "Sambu Construction went from 1,000 won to 5,000 won. Does this make any sense? In the case of Deutsche Motors, some people are punished, but if you have power, you are not even investigated."


Lee said, "The lack of transparency and fairness in the stock market has been advertised. That's why people say escaping the domestic market is a matter of intelligence, and they move to the U.S. stock market."


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