KOSDAQ Value-up Reform: Is South Korea Building the New Nasdaq?
Discover how the KOSDAQ Value-up Reform aims to transform South Korea's tech-heavy market into a global powerhouse by adopting a tiered league system. Introduction: The Next Phase of Korea's 'Value-up' Journey South Korea’s commitment to shaking off the 'Korea Discount' is gaining momentum. Following initial discussions on corporate governance and tax reforms, the South Korean government has signaled a massive structural shift for the KOSDAQ . Often compared to the US Nasdaq , the KOSDAQ has long struggled with a perception problem—viewed more as a 'stepping stone' to the KOSPI rather than a destination for blue-chip growth. The new KOSDAQ Value-up Reform aims to change that narrative permanently. The Core Strategy: A Tiered League System The Korean financial authorities, led by the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), are looking to revitalize the KOSDAQ by adopting a tiered structure, moving away from its cu...