[Korean Stock Market Crash Leads to Capital Flowing Back to Banks, Over 24 Trillion KRW Transferred to Fixed Deposits] BlockBeats News, August 1: According to Korean media outlet Daum, recent heightened volatility in the Korean stock market has significantly cooled investors' risk appetite, causing capital to flow back to banks and other safe-haven assets. Due to adjustments in the semiconductor sector and stricter regulations on leveraged investments, funds earmarked for investment in the Korean stock market have rapidly withdrawn, resulting in a phenomenon of "reverse capital migration" in the market. Data shows that as of the end of July, the fixed deposit balance of Korea's five major banks (KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup) reached 973.49 trillion KRW, an increase of 24.09 trillion KRW compared to the end of the previous month, marking the largest monthly increase this year. Funds surrounding the stock market have also seen a significant contraction. According to data from the Korea Financial Investment Association, the balance of investor securities accounts (funds earmarked for stock trading) reached a historical high of 139.69 trillion KRW on June 4 but had dropped to 107.20 trillion KRW as of July 28, a decrease of over 32 trillion KRW in less than two months. Meanwhile, the margin loan balance, which represents the scale of margin trading in the market, fell to 33.19 trillion KRW during the same period, down approximately 4.5 trillion KRW from the peak of 37.72 trillion KRW recorded on July 2, a decline of about 12%. [Original Link]