Seo Yuseok, Chairman of the Korea Financial Investment Association, "Capital Market Value-Up is a Policy for Economic Virtuous Cycle"

KOFIA Hosts 'Capital Market Value-Up International Seminar' to Explore Measures
Yoshio Horimoto, Director of Japan Financial Services Agency, Presents 'Capitalism Policy Achievements'

"Capital market value-up can serve as a virtuous economic cycle policy that breathes vitality into our economy, providing a breakthrough in the era of low growth, low birthrate, and aging population, allowing everyone to achieve a win-win outcome. The Korea Financial Investment Association and the financial investment industry will continue their dedicated efforts to realize capital market value-up."

On the 28th, Seo Yoo-seok, Chairman of the Korea Financial Investment Association, made this statement while hosting the 'Capital Market Value-Up International Seminar' at the Conrad Hotel in Yeouido, Seoul.

The Capital Market Value-Up International Seminar was organized to explore ways to enhance the value of our capital market through Japan's success stories and recommendations from top domestic and international experts, amid growing public interest in resolving the Korea discount issue. The seminar, held under the slogan "The Key to Prosperity: Korea’s Capital Market," was attended by over 200 stakeholders from the financial investment industry, government, and academia. The event began with an opening address by Chairman Seo Yoo-seok, followed by congratulatory remarks from Baek Hye-ryun, Chairperson of the National Assembly’s Political Affairs Committee, Kang Min-guk, ruling party secretary of the same committee, Hong Sung-guk, opposition party secretary, Kim Ju-hyun, Chairman of the Financial Services Commission, and Lee Bok-hyun, Governor of the Financial Supervisory Service.

At the 'Capital Market Value-Up International Seminar' held by the Korea Financial Investment Association on the 28th at the Conrad Hotel in Yeouido, Seoul, financial investment industry officials are seen taking a commemorative photo. Photo by Yoo Hyun-seok

The seminar proceeded with 'Session 1: Keynote Presentations' and 'Session 2: Discussions.' The first keynote speaker, Yoshio Horimoto, Director of Japan’s Financial Services Agency, presented on "Key Contents and Achievements of Japan’s New Capitalism Policy."

Director Yoshio Horimoto explained that since the launch of the Kishida Cabinet, value-up policies have been implemented under the broad framework of the "New Capitalism Policy," citing three success factors: △ extensive structural reforms to channel household assets into the capital market △ close communication with overseas investors by the Prime Minister and senior government officials △ tangible policy outcomes such as tax incentives and financial education.

The second keynote presentation was delivered by Jeon Eun-jo, Senior Partner at McKinsey & Company, on "Ways to Enhance the Value of Korea’s Capital Market." Senior Partner Jeon stated, "The undervaluation of Korean companies has been empirically confirmed through quantitative analysis," adding that it is strongly related to poor financial performance indicators such as profitability.

Session 2 was chaired by Lee Jun-seo, President of the Korea Securities Association. Panelists included Professor Kim Woo-jin of Seoul National University, Kim Ji-san, Executive Director at Kiwoom Securities, Park Min-woo, Director of the Capital Market Bureau at the Financial Services Commission, Professor Park Hoon of the University of Seoul, Lee Chang-hwa, Executive Director of the Korea Financial Investment Association, Jung Woo-yong, Policy Vice Chairman of the Korea Listed Companies Association, Professor Hyun Seok of Yonsei University, and Hwang Sung-taek, CEO of Truston Asset Management. The panelists engaged in a discussion on "Recommendations for Enhancing the Value of Korea’s Capital Market."