Lee Jae-myung: South Korea's Capital Market Still Undervalued
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Author:小编   

On November 12, South Korean President Lee Jae-myung remarked that the country's capital market remains undervalued and attractive to investors, stressing that efforts should focus on fostering an environment conducive to fair valuation rather than allowing short-term fluctuations to dictate policy. He called for continued reforms to enhance corporate value and expand shareholder returns, along with a multi-pronged approach to promote long-term investment. He also urged acceleration of KOSDAQ market development, reform of the venture investment ecosystem, and smooth financing channels for innovative technology companies. In particular, citing the strong upstream and downstream spillover effects of the automotive industry, he called for proactive and bold measures on electric and autonomous vehicles to ensure that South Korea secures globally leading competitiveness in these fields.