KSD Reports 24 Trillion KRW in Stock Electronic Registration Procurement in H1, Up 15% YoY

[Asia Economy Reporter Minji Lee] The Korea Securities Depository (KSD) announced on the 25th that the number of companies that electronically registered their stocks through the KSD in the first half of this year was 928, a 5.5% decrease compared to the same period last year. The total number of registered shares was 8.29 billion, down 16%, while the funds raised amounted to approximately 24.4 trillion KRW, an increase of 15% during the same period.

The KSD stated, "Since the implementation of the electronic securities system in 2019, the number of companies electronically registering stocks and the amount of funds raised had steadily increased, but for the first time in the first half of this year, the number of registered companies and the volume of registrations showed a decline," adding, "This is presumed to reflect recent changes in the stock market investment environment."

In the first half of this year, 928 companies newly or additionally electronically registered their stocks, with KOSDAQ-listed companies (526 companies) and unlisted companies (249 companies) ranking in that order. The number of registered shares was led by KOSDAQ-listed companies with approximately 3.82 billion shares (45%), followed by KOSPI-listed companies with about 2.42 billion shares.

KOSDAQ-listed companies saw a 21.3% decrease compared to the same period last year (4.85662 billion shares), and KOSPI-listed companies decreased by 8.9% compared to the same period last year (2.65788 billion shares).

Of the total funds raised, approximately 24.4 trillion KRW, KOSPI-listed companies raised about 18.0231 trillion KRW, and KOSDAQ-listed companies raised about 4.6318 trillion KRW through stock registration. These figures represent increases of 25.1% and 3.6%, respectively, compared to the same period last year.

Looking at the performance by reason for registration, capital reduction accounted for the largest share among stock registration reasons with 1.74 billion shares (20.5%). This was followed by paid-in capital increase with 1.69 billion shares (19.8%). Regarding funds raised by reason, the amount raised by issuing companies through paid-in capital increases via registered issuance in the capital market was 21.7699 trillion KRW, a 23.7% increase compared to the same period last year.

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