Korea Exchange (KRX) announced on March 22 that 13 KOSPI-listed and over 40 KOSDAQ-listed companies failed to submit their audit reports as of that day, a total of 18 companies received disclaimers of opinion, and four received qualified opinions.Those in the securities industry point out that this
About 30 companies listed on the secondary KOSDAQ market, which suffer from chronic deficits, are facing designation as administrative issues. They had posted an operating loss for three consecutive years from 2015 to 2017 and if they failed to earn a profit last year again, they will become adminis
Korea Exchange (KRX) has expanded the number of stocks covered by its market-making system from the current 82 to 500 to make the Seoul bourse more liquid.Under the market-making system, securities firms appointed by Korea Exchange as a market maker continuously post bid and ask prices of the assign
Dividend payouts of the Korean companies listed on the KOSPI market are expected to exceed 30 trillion won this year for the first time.Korea Exchange (KRX) said on Dec. 25 that the interim dividend payouts of KOSPI companies, which settle their accounts in December, were tallied at 9.1 trillion won
The total amount of short stock sales in the South Korean stock market exceeded 120 trillion won (US$106.38 billion) this year, hitting a record high.According to Korea Exchange (KRX), the cumulative amount of short selling in the benchmark KOSPI and secondary KOSDAQ markets from Jan. 1 to Dec. 7 re
Samsung Electronics Co. and SK Hynix Inc., which announced a large-scale promotion and bonus party with record high earnings, saw their stock prices drop to the level a year ago.According to Korea Exchange (KRX), the price of Samsung Electronics shares fell to 40,450 won (US$36.07) in the midday tra
Korea Exchange (KRX) has decided to put the listing eligibility of Samsung BioLogics Co. under deliberation of the Corporate Evaluation Committee. As a result, the trading suspension of the company's shares will be prolonged.KRX announced on Nov. 30 that it would form the committee within 20 bus
The South Korean equity linked warrant (ELW) market, which has been barely keeping its head above water in practice, is showing a sign of revival. It once grew to the largest in the world but shrunk dramatically due to the government’s regulations. Now, the recent fluctuations in stock prices are st
Trading of Samsung BioLogics shares was suspended on the KOSPI stock market on Nov. 14 following the conclusion of the Securities and Futures Commission (SFC), which is under the Financial Services Commission, that the company intentionally committed accounting fraud in 2015.The SFC filed a request
Korea Exchange (KRX), and Taiwan Index Plus (TIP), the wholly owned subsidiary of the Taiwan Stock Exchange (TWSE) announced the listing of the ETN tracking the Korea/Taiwan IT Premier (ITP) Index in the Euronext Paris on Oct. 15.The ITP index, jointly developed by KRX and TIP, has already had two E