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Finance

Exchange expects around 50 Kosdaq firms to be delisted this year for falling short of market cap

The Korea Exchange expects around 50 Kosdaq-listed companies could be delisted this year for failing to meet market-capitalisation requirements, as delisting standards are tightened on the market\'s 30th anniversary. The exchange has raised minimum market-cap and share-price thresholds for maintaining listings, and also strengthened rules for penny stocks. It said delisting procedures will proceed immediately when conditions are met, without an objection process.

Finance

KOSDAQ launches new 30-year roadmap with segment plan, tougher delisting rules

The Korea Exchange is pushing a restructuring of the KOSDAQ market as it marks its 30th anniversary, focusing on introducing segments and tightening delisting rules to improve market trust and address undervaluation. It plans new delisting standards for low-priced shares and higher market-cap and revenue thresholds, while streamlining reviews and toughening penalties for disclosure violations. The exchange is also considering a “KOSDAQ Select” segment for top firms and closer oversight of risky companies.

Finance

KOSDAQ left behind as penny stock delisting rules loom

KOSDAQ continues to lag South Korea\'s main market. The KOSPI rose as Samsung Electronics and SK Hynix rebounded, while KOSDAQ remained below 1,000 for a fourth straight session. Market participants cite limited foreign and institutional inflows, low trust and concentration in large KOSPI stocks. From July 1, stocks priced below 1,000 won will be subject to delisting conditions, a change seen as a near-term drag but potentially supportive of market confidence.