South Korean government convenes emergency meeting to inspect market conditions.

BlockBeats news, November 6 - According to Yonhap News Agency, on November 6, South Korean Deputy Prime Minister and Minister of Economy and Finance Lee Hyung-il chaired an "Emergency Market Situation Inspection Meeting," with the four top economic and financial officials of South Korea all in attendance.

At the meeting, it was proposed to exempt securities firms from the mandatory requirement of maintaining a 140% collateral ratio for credit financing for 3 months. The meeting noted that if stock market volatility expands, additional market stabilization measures will be taken.