The government will reduce corporate taxes for companies that work to boost shareholder returns in a bid to resolve the "Korea discount" issue.
What defines a stock is ultimately the company’s performance.
Korea’s financial regulators outlined the framework for the highly-anticipated “Value-up” program aimed at resolving the country’s chronic undervaluation of stock prices on Monday.
The Korean government’s planned announcement of policies aimed to boost the stock market is attracting foreign investors into the country, pushing up the price of undervalued stocks.
Topor & Co. Korea's chair, Ohad Topor, says regional tensions are less of a driver behind undervalued local stocks.
The Finance Ministry will facilitate foreign exchange transactions for overseas investors, a move in line with the government’s latest initiative to lure foreign investors and resolve the so-called “Korea Discount."
President Yoon Suk Yeol called for the relaxing of Korea's inheritance and stock gains taxes to address the 'Korea discount.'
The government will push to abolish a planned capital gains tax on stocks and step up measures to prevent illegal short selling in a bid to address the so-called Korea discount.
Korea's financial regulator is determined to combat illegal short selling to address the undervaluation of stocks, known as the "Korea discount."
Korea JoongAng Daily Sitemap