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Finance
Low PBR firms ranked near bottom for 3 years to be disclosed; first list in November
South Korea will for the first time in November disclose a list of listed companies whose price-to-book ratios have stayed near the bottom of their industries for three years. The Financial Services Commission and Korea Exchange set the threshold at the bottom 25 percent for KOSPI and the bottom 10 percent for KOSDAQ, based on semiannual calculations by industry. Firms can receive a one-year exemption if they disclose value-up plans including low-PBR improvements, with limits.
Finance
Leveraged ETF overheating and SpaceX row put investment industry on edge
South Korea\'s financial investment industry is on edge as regulators widen investor-protection checks amid rapid growth in exchange-traded funds. The Financial Supervisory Service is examining single-stock leveraged ETFs and SpaceX-related ETFs, including investor-protection procedures by asset managers and brokerages. Products marketed on promised inclusion of SpaceX IPO shares, index-calculation compliance and liquidity provider management are under review. Separate volatility and price-distortion episodes in ETFs have also raised concerns.
Finance
Lee Eok-won aims to make 2026 first year of Korea premium market
Financial Services Commission Chairman Lee Eok-won said he hopes 2026 will mark the first year South Korea fully resolves the \"Korea discount\" and opens a \"Korea premium\" market. Speaking at the securities and derivatives market opening ceremony, he said the government will push fundamental reforms based on trust, shareholder protection, innovation and virtuous cycles. He pledged tougher action against stock manipulation, measures to boost shareholder value and support for new market initiatives.