(CCTV "First Time") This year, the South Korean stock market suffered from internal and external troubles and continued to concussively consolidate, failing to get out of the box trend between 1800 and 2200. Despite a 4% increase compared to the closing price at the end of last year, it still failed to reach the 2230 level in 2011. The major bad events in the Korean market this year are as follows. Internationally, the Brexit led the South Korean stocks fell by 3.09% in one week. On the day of the US election, South Korea stocks plunged 2.25%. On the domestic side of Korea, the protracted incidents of pro-government that lasted for more than two months have caused investment enthusiasm to be greatly reduced. In addition, Samsung Electronics' Note7 incident also caused the Korean shares to fall by as much as 2%.
Speaking of Samsung Electronics, it took less than a week from the Note 7 refund period. However, according to the Korean electronics industry, at present, nearly 20% of users in the country are still using Note7, which is in stark contrast to the nearly 100% replacement rate in the United States. Currently, Samsung Electronics has adopted a mandatory method to limit the charging capacity to 60%. However, in South Korea, mobile phone-related online communities have seen ways to increase the charge limit to 80% by setting changes. The South Korean industry pointed out that security risks can not be ignored, Samsung should take additional measures to allow the remaining users to return as soon as possible. At present, Samsung Electronics plans to gradually limit the charging capacity to 0, hoping that users can give up using Note7.
In addition, the New Year is approaching and it should be the best time for the major cake shops. However, the recent rapid spread of highly pathogenic avian influenza in South Korea has caused the retail price of eggs to soar by 27%, resulting in a severe shortage of supplies, leading some cake shops to suspend production of some cakes. The South Korean government is considering importing eggs to ease the tight supply and demand in the country. However, from the price point of view, even relatively cheap Canadian eggs, plus shipping and other expenses, are also 2 times more expensive than Korean eggs. To this end, the Korean government plans to adopt a tariff-quota measure that will eliminate 27% of zero for fresh eggs.
Finally, I would like to remind my domestic friends who plan to come to Korea recently to try not to visit the habitat of migratory birds and avoid contact with poultry and wild birds. Always wash your hands frequently.
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