Stock Exchange Slumps

On April 29, the price of stock slumped due to “China Shock.” Because the Chinese Premier, Won Ja-bao, pointed out their necessity for a stricter economy, the stock sales of foreign investors continued, sending the KOSPI slumping down 26.42 points, and the KOSDAQ down 22.26 points respectively. At the Korean branch of Bloomberg in Seoul, an employee closely observes the stock price graph.

scoopjyh@donga.com