| Mobile Web

Kosdaq tech listings top 300 after 21 years, total IPO proceeds 8 trillion won

The number of companies listed on South Korea’s Kosdaq through the technology special listing scheme has topped 300, 21 years after its introduction, the Korea Exchange said. It said cumulative IPO proceeds raised by the 300 companies total about 8 trillion won, with biotech accounting for 4.5 trillion won. The exchange said advanced industries now dominate new listings and market value, while investor protection remains a task.