KOSDAQ Archives | Be Korea-savvy
Gov’t to Give Tax Breaks, Ease Listing Rules to Boost KOSDAQ Market

Gov’t to Give Tax Breaks, Ease Listing Rules to Boost KOSDAQ Market

SEOUL, Jan. 11 (Korea Bizwire) — The government will give tax breaks to individuals that invest in mutual funds for startups and soften some listing rules for the junior KOSDAQ stock market, officials said Thursday. The move is part of a new policy move to boost the KOSDAQ market and help smaller firms raise funds [...]

More Stock Investors Doing Trading via Smartphones

More Stock Investors Doing Trading via Smartphones

SEOUL, Jan. 4 (Korea Bizwire) — Nearly 40 percent of last year’s stock trading in the secondary KOSDAQ market was done on smartphones, gradually phasing out transactions through computers and telephones, data showed Thursday. A daily average turnover of 291.48 million shares, or 39.6 percent of the total, on the tech-laden KOSDAQ was generated over [...]

E-Commerce Business First Beneficiary of “Tesla Policy”

E-Commerce Business First Beneficiary of “Tesla Policy”

SEOUL, Dec. 12 (Korea Bizwire) – An e-commerce business has successfully passed the preliminary rounds of a review by the Korea Exchange that, if successful, will see it listed on the KOSDAQ as the first beneficiary of the “Tesla Policy”. The Tesla Policy, set forth by the Korea Exchange, grants companies currently operating in the [...]

S. Korea to Give Tax Break to KOSDAQ-listed Firms

S. Korea to Give Tax Break to KOSDAQ-listed Firms

SEOUL, Nov. 13 (Korea Bizwire) — South Korea will extend a tax break to companies listed on the KOSDAQ stock market and revamp listing rules to help small and medium-sized firms raise funds through the junior market, the country’s financial regulator said Monday. Details of the tax incentive, including how much tax will be deducted, [...]

Foreign Ownership of KOSDAQ Stocks Hits Record High

Foreign Ownership of KOSDAQ Stocks Hits Record High

SEOUL, Aug. 18 (Korea Bizwire) — Foreign ownership of stocks traded on South Korea’s secondary stock market has hit a new high, data showed Friday, as offshore investors turn to undervalued tech firms there after exiting the main bourse. As of Thursday, offshore investors held 25.98 trillion won (US$22.8 billion) worth of shares traded on [...]