TechFlow news, on December 4, according to Jinshi News, Kim Byeong-hwan, Chairman of South Korea's Financial Services Commission, said on December 4 that all available measures will be deployed to ensure the normal and stable operation of financial markets. A 10 trillion won (approximately 51.5 billion RMB) stock market stabilization fund will be ready for immediate deployment, while bond and capital markets will maximize the use of a 40 trillion won bond market stability fund along with corporate bond and commercial paper (CP) purchase programs.
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