Insolvent companies that eat away at market dynamics are a key cause of the KOSDAQ discount. With their exit, the “Cosdaq platform” must be successfully settled to restore market confidence.”
The outline of the KOSDAQ platform, which will be introduced to revitalize KOSDAQ, will be revealed at the end of September. Initially, the Korea Exchange considered releasing a reorganization direction in time for the 30th anniversary of KOSDAQ on the 1st of next month. However, the timing was delayed to reflect more broadly the opinions of stakeholders such as venture businesses and small and medium-sized listed companies.
Min Kyung-wook, head of the KOSDAQ market division of…