Dividend-oriented stocks are gaining in March as funds flow into companies expected to benefit from expanded shareholder returns and separate taxation of dividend income. Under a revised tax law, shareholders of qualifying high-dividend listed firms can opt for a single tax rate of up to 30 percent from 2026 business-year dividends, while dividend income of 20 million won or less is taxed at 9 percent. Brokers highlight financials, telecoms and holding companies as key beneficiaries.

Major financial holding companies are accelerating governance changes ahead of March annual shareholder meetings after regulators urged reforms such as special resolutions for chair reappointments, stronger outside director independence and expertise, and a single three-year term. A key proposal would shift CEO appointments to shareholder votes and tighten requirements for third terms. Internal control issues at brokerages also re-emerged amid allegations of capital markets law violations and stock manipulation. Fintech platforms are expanding automated loan-rate cut request services.