Li Canzhen: Leveraged investment is spreading to the financial industry, threatening the financial health of households

Lee Can jin, the President of the Financial Supervisory Agency of South Korea, stated at the 3rd Consumer Risk Response Agreement Meeting that the phenomenon of leveraged investment is spreading throughout the financial industry and seriously damaging the financial soundness of households. Li Canzhen requires financial companies to fully explain the structure and risks of leveraged investment throughout the entire process of financial products, and strictly manage and avoid sales activities that induce borrowing for investment.