1. Rapid economic development: After World War II, South Korea's economy developed rapidly, especially from1960s to1990s, which was known as the "miracle of the Hanjiang River". The rapid economic growth has promoted the prosperity of the stock market, making stock investment an important way to increase family wealth.
2. Financial policy support: The Korean government has given strong support to the development of the stock market, encouraging citizens to participate in stock investment through policy guidance and tax incentives. For example, the Korean government established the Korea Stock and Futures Exchange (KRX) to promote stock trading.
3. Investment culture: Koreans have a strong sense of investment, and they are willing to invest their savings in order to get higher returns. As a high-risk and high-potential investment tool, stocks are naturally favored by Korean investors.
4. Media publicity: Korean media reports and publicity on the stock market played a role in fueling the situation. Many media popularize stock knowledge to the public through financial programs and columns, publicize the story of getting rich by trading stocks, and stimulate people's enthusiasm for trading stocks.
5. Social environment: In South Korea, stock trading has become a social activity, and relatives and friends will exchange experiences in stock investment and share their investment experiences. This social environment makes stock investment more popular in Korea.
It should be noted that the phenomenon of national stock trading has also brought some problems, such as excessive market speculation and increased stock price volatility. Therefore, when participating in stock investment, we should be rational, fully understand market risks and avoid blindly following the trend.