What Is the Korea Stock Exchange?
Korea Stock Futures Exchange (Korea Exchange, KRX), the emergence of Korean securities began in 1899. In February 1956, the Korea Stock Exchange was established. At the beginning, it was mainly treasury bonds and real estate securities trading, and the size of stock transactions was small.
Korea Securities and Futures Exchange
Right!
- Korea Stock Futures Exchange (Korea Exchange, KRX), the emergence of Korean securities began in 1899. February 1956, South Korea
- The true development of the Korean securities market stems from the "Securities Trading Regulations" formulated by the Korean government in 1962 and the "Special Law on Cultivating Capital Markets" introduced in 1968. By 2002, more than 850 companies were listed on the Korea Stock Exchange, and there were more than 800 listed companies in the KOSDAQ market opened in 1996. At 1999, the market value reached 350 trillion won, or about 300 billion U.S. dollars.
- Since its development, the South Korean securities market has become a fully internationalized open operation and investment market. As early as 1981, the Korean government formulated a ten-year plan to open the securities market in stages. Since January 1992, indirect opening has been changed to allow
- The company's board of directors and
- various kinds
- Active trading
- Globalization
- Shares held by foreign investors in October 2005
- Great publicity effect
- First listed company: At present, there are no foreign companies listed in South Korea
- High attention from the news media:
- Highly focused on Korean listing of foreign companies
- Establishing the image of listed companies brings great publicity effects
- Cosmopolitan
- Capable of pooling funds from investors around the world
- Growth of the stock market
- The industrial structure of the two countries is similar
- Other major foreign exchange listed companies industries: finance, real estate development, service industry
- Korean · Industrial Structure:
- High proportion of manufacturing industry (about 60% in South Korea and about 45% in China)
- Hot investment industries in Korea: Secondary industries (electronics, automotive, IT, steel, energy, etc.)
- High attention to foreign securities
- Close China-Korea Economic Relations
- Convenience of financing:
- Convenience
- No financing restrictions / Custom issue price / Easy to increase capital and share
- scale
- No financing scale limit (condition for no change of the largest shareholder)
- Low cost
- The larger the public offering amount, the lower the cost
- Cheaper than USA, Hong Kong