Korea Exchange (KRX) Chair Jeong Eun-bo left the country to promote the growth potential of Korea's capital market to institutional investors based in Hong Kong and Singapore.
On the 17th, Korea Exchange (KRX) said Chair Jeong Eun-bo departed to promote the vision for a leap to the KOSPI 5000 era and the growth potential of Korea's capital market to institutional investors based in Hong Kong and Singapore, Asia-Pacific financial hubs.
Jeong plans to hold the "Korea Exchange global roadshow: a leap to KOSPI 5000" event in Hong Kong on the 18th and in Singapore on the 20th. Institutional investors such as global asset management firms and hedge funds based in Hong Kong and Singapore are expected to attend.
At the event, Korea Exchange (KRX) plans to explain the new administration's capital market revitalization policies and the exchange's efforts to bolster market trust, emphasizing that the Korean market is at a turning point for a new leap forward.
Jeong said, "Based on the efforts of the government, the exchange, and market participants, a foundation has been laid to resolve the Korea discount," and added, "We will continue to push the value-up program and respond preemptively to paradigm shifts in global capital markets so that the domestic stock market can shift to a Korea premium, making more proactive efforts."
The exchange said it plans to roll out promotion activities for the Korean stock market in major global financial hubs going forward and to encourage greater participation by foreign investors in the Korean market.
In particular, to strengthen global marketing for the capital market, it will actively utilize overseas offices and branches in New York, London, and Singapore to promote, in a vivid and on-the-ground manner, the recent performance of the Korean stock market and its future growth potential to local investors.