Seon Han-gyeol

Feb 26, 2024 | kedglobal.com | Seon Han-gyeol

South Korean financial regulator announced basic guidelines under the so-called corporate value-up program on Monday, which includes encouraging listed firms to boost their values and creating a related indice and exchange-traded fund (ETF). According to the guidelines of Korea’s Financial Services Commission (FSC), about 1,600 firms on the main bourse Kospi and junior Kosdaq should establish their corporate value enhancement plans and voluntarily disclose them with self-assessment once a year.

Feb 18, 2024 | kedglobal.com | Seon Han-gyeol

South Korea’s Financial Supervisory Service (FSS) announced on Feb. 18 that it will broaden the scope of its English electronic disclosure services for listed companies. It’s part of a strategic roadmap aimed at enhancing the Data Analysis, Retrieval, and Transfer System (DART), which functions as a central repository for the nation's corporate filings.

Feb 15, 2024 | kedglobal.com | Seon Han-gyeol

Foreign investors bought more South Korean stocks and bonds in January, extending their buying spree to three months. The Financial Supervisory Service of Korea said on Thursday that foreigners bought a net 3,353 billion won ($2.51 billion) of listed stocks last month. They invested 809 billion won ($607 million) in listed bonds. As of the end of last month, foreigners held 704 trillion won ($528 billion) of listed stocks. That was 27.6% of the total market value.

Jan 18, 2024 | kedglobal.com | Seon Han-gyeol

South Korea’s electrics components-to-energy conglomerate LS Group is set to start the securities business as it secured regulatory approval to become the largest shareholder in a domestic brokerage house. The Financial Services Commission (FSC) said on Thursday the regulator approved the change of the top shareholder of eBest Investment & Securities Co. to LS Networks Corp., the group’s retail unit, from G&A Private Equity Fund (PEF).

Dec 29, 2023 | kedglobal.com | Il-Gue Kim |Seon Han-gyeol

Hyundai Motor Group’s self-driving technology arm 42dot Inc. will absorb the electronics, infotainment and autonomous driving technology divisions of the group’s major research center in line with its push to offer connected and personalized services in the software-defined vehicle (SDV) era, according to industry sources on Friday. Next month, the South Korean automotive group will carry out a software-focused reorganization at the Hyundai Kia Namyang R&D Center in Gyeonggi Province.