South Korea’s National Growth Fund Sells Out: Massive Tax Benefits Drive Demand for Second Supply Round

South Korea’s financial landscape experienced a notable shift this week as the government-backed Public Participation National Growth Fund saw an overwhelming investor response during its market debut. The financial product, designed to channel capital into advanced strategic industries, effectively reached its allocation limits shortly after becoming available to the public, signaling a significant appetite for … Read more

Beware of Penny Stock Delistings: Surge in Reverse Stock Splits Ahead of July Regulations

The South Korean stock market is witnessing a desperate surge in corporate restructuring as companies race to avoid a looming regulatory deadline. In a phenomenon being described as a “reverse stock split rush,” hundreds of firms are attempting to artificially inflate their share prices to escape the “penny stock” category before new, stricter delisting rules … Read more