Korea's Wild Ride: A Cautionary Tale for Governments and Investors Alike South Korea's stock market has been ravaged by a 22% drop in July, its steepest decline since the global financial crisis.
The devastating losses have left retail investors reeling, with many questioning the government's efforts to create a more accessible market.
President Lee Jae Myung's stock market reform drive aimed to attract more players into the market, but it has backfired spectacularly.