Lee Jae Myung says government is firmly committed to normalizing South Korea's capital market
Briefing by News4U · First published
Today South Korean President Lee Jae Myung said on X that he met capital market experts at the Korea Exchange to discuss the undervaluation of South Korean stocks and ways to normalize the market, and that the government's will to do so is firm. He said Korean companies' technology and competitiveness are world-class, but the abnormal situation of companies being valued below their true worth must be corrected, and that restoring market trust is the most important task. In remarks reported by Yonhap, he said normalizing the capital market is the government's unwavering policy direction and commitment, and that the greatest tool for normalizing the market would be hostile mergers and acquisitions. [1] [2]
Sources
- @jaemyung_lee (X): 오늘 한국거래소에서 자본시장 현장 전문가들을 만나 우리 증시의 저평가 문제와 자본시장 정상화를 위한 방안을 논의했습니다.
@jaemyung_lee (X) · · Excerpt
- (LEAD) Lee pledges capital market reform to address stock undervaluation
Yonhap Business · · Full text