Han Byungdo: "Supporting Advanced Capital Market Policies"
On January 22, the ruling Democratic Party of Korea praised itself and emphasized the success of the Lee Jaemyung administration as the KOSPI index surpassed 5,000 points during trading for the first time in history.
On the 22nd, when the KOSPI surpassed the dream index of 5000, employees at the Hana Bank dealing room in Jung-gu, Seoul, are seen clapping joyfully. 2026.1.22 Photo by Cho Yongjun
Jeong Cheongrae, leader of the Democratic Party, wrote on social media that morning, "Composite stock price index 5,014. Congratulations! The dream of the KOSPI 5000 era has come true," and added, "Let’s move forward together for the success of the Lee Jaemyung administration and an era of happiness for the people."
Han Byungdo, floor leader, said in his opening remarks at the policy coordination meeting that day, "Considering that the closing price was only 2,770 points on June 4, right after the presidential election, the change feels dramatic," adding, "Since the launch of the Lee Jaemyung administration, Korea has not only normalized but is now moving toward a great transformation and leap forward."
Han also stated, "Achieving KOSPI 5000 is not the end," and pledged, "We will support the Lee Jaemyung administration’s policies to advance the capital market, including reasonable standards for amendments to the Commercial Act, major shareholder transfer taxes, and separate taxation of dividend income."
Han Jeongae, chair of the Policy Committee, also stressed at the meeting, "As the president said, we will reprioritize national governance and completely redeploy resources and capabilities to redraw Korea’s growth trajectory, with the party and government working as one team and pouring in all our efforts."
Jeon Yonggi, senior deputy floor leader for communication, wrote on social media, "This is a new milestone for the Korean economy," and added, "The Lee Jaemyung administration and the Democratic Party will work even harder to ensure that Korea’s economy continues to move forward without wavering through a virtuous cycle of industry, technology, and capital."
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