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Hong Kong ELS Investment Victims' Gathering And Protest In Seoul

Investors are gathering in front of the Financial Supervisory Service in Yeouido, Seoul, South Korea, on January 19, to demonstrate and appeal for their grievances regarding the losses in Hong Kong's HSI (Hang Seng Index) Equity-Linked Securities (ELS). They are even resorting to head-shaving as a symbolic act. As the year unfolds, losses of just over 100 billion Korean Won in principal have been confirmed within a mere ten days for the HSI ELS, which were sold by banking institutions, leading to a surge in consumer complaints related to this issue. (Photo by Chris Jung/NurPhoto)

Photo Details

Photo ID	#10923178
Date Taken	19 January 2024
Location	N/A
Photographer	Chris Jung/NurPhoto
Category	Social Issue
Copyright	© 2025 NurPhoto - Chris Jung/NurPhoto

Related Keywords

Seoul Korea Finance Bank Investor Financial Financial risk Hong Kong Hang Seng Index Financial Supervisory Service Yeouido Assembly Demonstration Protest Shave head Victim Financial crime Financial fraud Hong Kong HSI Hang Seng Index Equity-Linked Securities ELS Investors Financial Supervisory Service Yeouido Demonstration Grievances Head-shaving Symbolic act January 19 Seoul South Korea Losses 100 billion Korean Won Principal Banking institutions Consumer complaints Chris Jung NurPhoto Financial markets Investment losses Public protest Financial products South Korean investors Market volatility Financial regulation Asset management Equity markets Financial industry Economic impact

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