Korea Exchange Postpones International Event to Next Year Due to COVID-19 Risk

Postponement of AOSEF General Assembly Gathering Asian Exchanges
Scheduled to be Held in Busan Next April

On the 21st, as the possibility of community spread of the novel coronavirus (COVID-19) increased, the KOSPI index opened lower at 2,165.65, down 29.85 points (1.36%) from the previous trading day. The won-dollar exchange rate started the session at 1,205.7 won, up 7.0 won. On this day, dealers are working in the dealing room of Hana Bank in Euljiro, Seoul.
Photo by Moon Honam munonam@

[Asia Economy Reporter Minwoo Lee] The Korea Exchange has postponed the Pan-Asia international event scheduled for this year to next year in order to prevent the spread of the novel coronavirus infection (COVID-19).

The Korea Exchange announced on the 25th that it has decided to postpone the "38th Annual Meeting of the Asia Oceania Stock Exchanges Federation (AOSEF)," which was scheduled to be held from April 8 to 10, to next year.

AOSEF is an organization established in 1982 to promote friendly cooperation and expand information exchange among stock exchanges in the Asia region. Currently, 19 stock exchanges from 13 countries in Asia, including South Korea, Japan, and China, participate as members.

The postponed event is scheduled to be held in Busan next April. It will be the federation meeting hosted by the Korea Exchange for the first time in 16 years, with about 70 participants including CEOs of member stock exchanges.

This content was produced with the assistance of AI translation services.