Battle-hardened Korean traders vow to never buy again after KOSPI rout worth trillions

A stock rout worth trillions of dollars in South Korea's KOSPI rattled even battle-hardened traders. A trader who began trading in May said, "I got completely swept up...I've engraved two rules...Don't invest in Korean stock market [and] follow the first rule." Referring to President Lee Jae-myung's market reform, another trader said, "The government put fuel into the fire."

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