The government will hold a meeting on capital market measures aimed at revitalizing the KOSDAQ market on the 13th.
According to the Korea Exchange and financial investment industry sources on the 11th, the Financial Services Commission plans to convene a meeting related to the capital market at the Korea Exchange in Yeouido, Seoul, on the morning of the 13th. The event will be attended by Financial Services Commission Chairman Lee Ok-kyu and capital market experts.
Industry insiders expect the meeting to outline specific government policies for revitalizing the KOSDAQ market. Key issues will likely include the expansion of information disclosure for listed companies and the criteria for the delisting of underperforming firms.
Among the topics for discussion is the potential mandatory implementation of investor relations (IR) sessions to enhance the provision of investment information for KOSDAQ-listed companies. The future direction of the market capitalization-based delisting system, which has recently faced delays due to a court's injunction, is also expected to be addressed.
Previously, President Lee Jae-myung stated during a press briefing at the Blue House on October 19 that "the stock market is significantly undervalued" and indicated that he would soon receive a comprehensive report on stock market measures and review necessary policies.
* This article has been translated by AI.
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