The Korea Exchange (KRX) announced on the 2nd that Chairman Jung Eun-bo of the Korea Exchange departed the previous day for a schedule aimed at promoting the 'Corporate Value-Up Program' to major institutional investors in the United Arab Emirates (UAE) and London, UK, and strengthening the cooperation network among global exchanges.
Jung Eun-bo, Chairman of the Korea Exchange, held a press conference at the Korea Exchange on May 24th to mark 100 days since his inauguration, under the theme "Core Strategies of the Korea Exchange for Corporate Value-Up and Capital Market Level-Up." Chairman Jung is making a presentation. Photo by Heo Young-han younghan@
Chairman Jung will hold the 'K-Value-Up Global Roadshow' event in London on the 5th. He plans to invite 30 to 40 representatives responsible for the Korean stock market from major investment institutions such as global asset management firms and investment banks (IBs) to provide detailed explanations on the corporate value enhancement disclosure guidelines and tax support policies from regulatory authorities, encouraging expanded market participation.
Separately, Chairman Jung will hold a meeting with domestic financial institutions (securities firms, asset management companies, etc.) operating in London and urge them to actively participate in efforts to resolve the undervaluation of the Korean stock market locally.
In the UAE, he plans to conduct one-on-one meetings with investment institutions managing world-class funds and carry out marketing activities to promote the value-up momentum of the Korean stock market and the excellent investment attractiveness of listed companies.
Additionally, Chairman Jung will take this visit to the UAE and the UK as an opportunity to hold separate meetings with the Chairman of the Dubai Mercantile Exchange (DME) and the CEO of the World Federation of Exchanges (WFE), sharing key issues for the stable and efficient operation of exchanges amid the recently increased market volatility, and solidifying the global network through discussions on mutual cooperation among exchanges.
Chairman Jung said, "Foreign investors view our government's value-up policies positively, and this has increased expectations for the revaluation of the Korean stock market. To ensure these expectations continue, the exchange will faithfully support the value-up program and take a more proactive lead in both domestic and international communications."
The exchange has directly communicated with more than 100 investment institutions located in major global financial hubs by holding value-up sales events in Tokyo and New York in May, Hong Kong and Singapore in June, and now in London, UK. It plans to continue actively participating in domestic and international investment forums and marketing events to raise market interest in the value-up initiative.
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