Son Byung-du, Chairman of Korea Exchange, Holds Strategic Meeting with Taiwan Stock Exchange

Son Byung-du, Chairman of the Korea Exchange (right), is taking a commemorative photo with Sherman Lin, Chairman of the Taiwan Stock Exchange, ahead of the CEO strategy meeting. Photo by Korea Exchange

[Asia Economy Reporter Myunghwan Lee] The Korea Exchange (KRX) announced on the 9th that Chairman Son Byung-doo held discussions on joint response strategies to changes in the global financial environment with Sherman Lin, Chairman of the Taiwan Stock Exchange (TWSE), at the Seoul office.

At the strategy meeting held that day, the CEOs of both exchanges pledged to strengthen communication. Specifically, they agreed to continue dialogue to build "sustainable exchange leadership" and an "innovative startup ecosystem" in response to the spread of ESG (Environmental, Social, and Governance) finance and the contraction trend in the venture capital ecosystem.

During the two-day strategy meeting starting on the 8th, the Korea Exchange shared its successful experiences and activation cases regarding the operation of the carbon emissions trading market and the KONEX market with TWSE executives and staff. This was explained as an effort to support TWSE's consideration of establishing a carbon emissions trading market and to promote the activation of the small and medium-sized enterprise (SME) and venture company markets.

Both exchanges agreed to continuously expand and discover cooperation areas such as information business through multifaceted practical discussions in the future. They also plan to consult on detailed implementation plans.

A Korea Exchange official stated, "Taking this meeting with TWSE as an opportunity, we plan to explore strategic cooperation areas with global capital markets and actively build a global network to strengthen our position as an international financial hub."

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