South Korea Market Review, November 2023: market slow-down over HSCEI concerns

Sales volumes for retail and private banking, at a combined KRW13.8 trillion (US$10.3 billion), were down 17% compared to the previous month (Oct: KRW16.5 trillion). Year-on-year (YoY), volumes decreased by 19% (Nov 2022: KRW17 trillion from 1,816 products) Some 111 products were withdrawn during the month as they did not accumulate enough sales. Of these, 13 were linked to the Hang Seng China Enterprises Index (HSCEI). Some 1,949 products matured, releasing over KRW12.9 trillion back onto th