Eunbo Chung: "We Must Move Beyond KOSPI 6000 Toward a Premium Market"

Pushing for Extended Trading Hours
Enhancing Accessibility for Global Investors

On March 3, Eunbo Jeong, Chairman of Korea Exchange, stated, "Our goal now is to become the world's leading capital market," adding, "We must move beyond the KOSPI 6000 and advance toward a premium market based on trust and innovation."

Eunbo Jeong, Chairman of Korea Exchange.

At the '70th Anniversary Ceremony of the Securities Market' held at the Lotte Hotel Seoul on the same day, Chairman Jeong said, "Currently, borderless liquidity competition is intensifying among major global markets. We will align with global trends by extending trading hours and shortening settlement cycles. In addition, we will improve systems to be included in the Morgan Stanley Capital International (MSCI) Developed Markets Index and promote English-language disclosures to enhance accessibility for global investors."

He also emphasized, "We will respond to the changing environment of digital transformation in the capital market by promoting the launch of an STO trading platform and more. Through these efforts, we aim to establish ourselves as a leading exchange hub in Asia and, ultimately, a global premium market."

Chairman Jeong declared, "We will further strengthen our role in transitioning to productive finance. By revitalizing initial public offerings (IPOs), we will support a virtuous cycle of venture capital, and we will continue to implement programs to enhance corporate value, actively supporting the listing and growth of venture companies." He continued, "Our capital market will establish a virtuous cycle that, based on creativity and innovation, grows companies and industries, leads to increased national income, and ultimately enhances the growth engine of our economy, thereby playing a leading role."

He concluded, "We will build a transparent and trustworthy capital market. We will strengthen cooperation with the Joint Response Team for Unfair Trading and upgrade our market surveillance system using artificial intelligence (AI). Furthermore, we will continuously improve relevant systems and expand our organization and workforce to swiftly restructure underperforming companies."

This content was produced with the assistance of AI translation services.