Finance
Penny stocks surge 38 percent in two years as regulators move to tighten delisting rules
South Korea\'s financial authorities are considering including so-called penny stocks, shares priced below 1,000 won, in delisting requirements in line with the government\'s push to revitalise capital markets. The number of such stocks on the KOSDAQ was 170 as of Feb. 6, about 10 percent of listed issues, up 38.2 percent from early 2024. Officials referenced Nasdaq rules for stocks under $1 and said measures would be pushed quickly. Experts urged objective criteria and steps to support trading of delisted shares.
