Key Takeaways
- • President Lee Jae Myung will chair a capital market policy session on November 13, 2026, at Yeouido, Seoul, from 9:30 a.m. to 11:10 a.m., held in response to sharp recent declines in KOSPI and KOSDAQ.
- • The session will address corporate governance and shareholder protection, KOSDAQ market restructuring, and measures to secure long-term investment funds, with roughly 50 participants including government officials, lawmakers, financial industry representatives, and corporate stakeholders.
- • Proposals on the agenda include strengthening institutional shareholder engagement, expanding M&A as an alternative to IPOs for venture capital exits, accelerating delisting of underperforming KOSDAQ companies, and stricter delisting criteria.
- • Mandatory tender offers and KOSDAQ market segmentation are also on the discussion agenda, according to the source report.
- • The Financial Services Commission (FSC) plans to incorporate session input into future capital market policy and collect additional written proposals.
Summary
President Lee Jae Myung will chair a policy discussion session on the capital market on November 13, 2026, according to Chosun Ilbo. The session comes after sharp declines in the Korea Composite Stock Price Index (KOSPI) and KOSDAQ that amplified volatility in the domestic equity market. The session will run from 9:30 a.m. to 11:10 a.m. at Yeouido, Seoul, and will be live-streamed via KTV and YouTube. Around 50 participants are expected, including government and affiliated institution representatives, lawmakers, financial investment industry representatives, and corporate stakeholders.
The discussion is intended to gather on-site opinions amid heightened volatility tied to global uncertainties in artificial intelligence and semiconductors, interest rates, and Middle East tensions. Its stated aim is to shape policy directions for a more resilient capital market. Agenda items include improving corporate governance and shareholder protection to ensure proper valuation of companies, revitalizing mergers and acquisitions to reduce reliance on initial public offerings for venture capital recovery, and addressing delisting of underperforming KOSDAQ-listed companies and market segmentation. Measures to improve dividends and broaden the investor base, encouraging individuals to shift from short-term trading to long-term investment, will also be discussed.
Three experts are scheduled to present. Lee Hyo-seop, senior research fellow at the Korea Capital Market Institute, will propose strengthening institutional investors' shareholder engagement and protecting retail shareholders during M&A. Lim Hyung-jun, research fellow at the Korea Institute of Finance, will outline a KOSDAQ restructuring plan that diversifies venture capital exit channels through M&A and secondary share transactions and expedites delisting of underperforming companies. Kim Hak-kyun, head of the research center at Shinyoung Securities, will recommend improving dividends and listed stock management and increasing long-term investment funds through individual comprehensive asset management accounts, ISAs, and public funds.
Participants will then discuss mandatory tender offers, M&A of underperforming companies, stricter delisting criteria, and KOSDAQ market segmentation. The Financial Services Commission plans to reflect the session's opinions in future capital market policy and collect additional written proposals.
The discussion is intended to gather on-site opinions amid heightened volatility tied to global uncertainties in artificial intelligence and semiconductors, interest rates, and Middle East tensions. Its stated aim is to shape policy directions for a more resilient capital market. Agenda items include improving corporate governance and shareholder protection to ensure proper valuation of companies, revitalizing mergers and acquisitions to reduce reliance on initial public offerings for venture capital recovery, and addressing delisting of underperforming KOSDAQ-listed companies and market segmentation. Measures to improve dividends and broaden the investor base, encouraging individuals to shift from short-term trading to long-term investment, will also be discussed.
Three experts are scheduled to present. Lee Hyo-seop, senior research fellow at the Korea Capital Market Institute, will propose strengthening institutional investors' shareholder engagement and protecting retail shareholders during M&A. Lim Hyung-jun, research fellow at the Korea Institute of Finance, will outline a KOSDAQ restructuring plan that diversifies venture capital exit channels through M&A and secondary share transactions and expedites delisting of underperforming companies. Kim Hak-kyun, head of the research center at Shinyoung Securities, will recommend improving dividends and listed stock management and increasing long-term investment funds through individual comprehensive asset management accounts, ISAs, and public funds.
Participants will then discuss mandatory tender offers, M&A of underperforming companies, stricter delisting criteria, and KOSDAQ market segmentation. The Financial Services Commission plans to reflect the session's opinions in future capital market policy and collect additional written proposals.
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