Four Ministries Launch 2025 Metaverse Model Case Recommendation Initiative
According to Jinse Finance, as reported by Yicai, the General Offices of the Ministry of Industry and Information Technology, the Ministry of Education, the Ministry of Culture and Tourism, and the National Radio and Television Administration have jointly issued a notice on organizing the recommendation of exemplary metaverse cases for 2025. The scope of recommendations includes: exemplary digital human cases in the metaverse, exemplary metaverse product cases, exemplary metaverse park cases, and exemplary metaverse standards cases.
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In the third quarter, Korean retail investors made net purchases of US stocks worth approximately 10.15 trillion won, marking a complete reversal from the previous pattern in the first half of the year, when they made net purchases of nearly 100 trillion won in KOSPI stocks. In September alone, the sell-off amount reached as high as 14.2 trillion won. Analysts attribute this shift to a combination of factors: a sharp decline in KOSPI at high levels, the continued strength of the US stock market driven by AI themes, and the appreciation of the Korean won reducing currency exchange costs.
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