South Korea Market Review, December 2023: sales double MoM, five banks halt HSCEI-linked sales

Sales volumes for retail and private banking, at a combined KRW29.2 trillion (US$21.9 billion), doubled compared to the previous month (Nov: KRW13.8 trillion). Some 138 products were withdrawn during the month as they did not accumulate enough sales. Of these, 18 were private placements. Some 3,103 products matured, releasing over KRW36.5 trillion back onto the market for reinvestment. The best-performing product was Kiwoom New Global 100tr Club ELS 852 , an autocall linked to a basket compr