Stock short selling on rise despite market upturn

Stock short selling has been on the rise despite the country's stock market sharply rebounding from a rout caused by a crash in chipmakers and artificial intelligence (AI)-related shares, data showed Sunday. According to the data from the Korea Exchange (KRX), outstanding short selling reached some 19 trillion won (US$13.4 billion) as of Tuesday, up 14 percent, or 2.27 trillion won, from 16.73 trillion won at the end of last month. Stock short selling stood at 15 trillion won at the end of Febru

By The Korea Herald