Exchange Holds AOSEF Annual General Meeting... Corporate Value-Up Program Keynote Presentation
Chairman Jeong Explains Key Policy Directions of Korea's Capital Market
The Korea Exchange announced on the 27th that it held the 38th Annual General Meeting of the Asia-Oceania Stock Exchanges Federation (AOSEF) at the Paradise Hotel in Busan, where it explained key policy directions of the Korean capital market, including support measures for corporate value-up.
AOSEF was established in 1982 to promote cooperation and information exchange among stock exchanges in the Asia region. Currently, 17 exchanges from 13 countries in Asia, including Korea, Japan, and China, participate as members.
This annual meeting was the fourth hosted by the Korea Exchange. Originally scheduled for 2020, it was postponed due to COVID-19 and was held in person for the first time in four years. The meeting was attended by over 50 CEOs and senior executives from 17 stock exchanges across 13 Asian countries, including Sherman Lin, Chairman of the Taiwan Stock Exchange (TWSE), representing their respective securities markets.
Jung Eun-bo, Chairman of the Korea Exchange and chair of the meeting, delivered the opening remarks, stating, "Despite the global economic downturn, the Asian economy and financial markets are showing signs of recovery," and explained the key policy directions of the Korean capital market, including ongoing corporate value-up support measures.
On the same day, Park Hyung-joon, Mayor of Busan Metropolitan City, welcomed the visit of stock exchange officials from various countries to the Busan financial hub in his congratulatory address. Kim So-young, Vice Chairman of the Financial Services Commission, also extended congratulations on the opening of this exchange platform among exchanges representing the capital markets.
Shin Jin-young, President of the Korea Capital Market Institute, who delivered the keynote speech, emphasized the role of each exchange in establishing an ESG (Environmental, Social, and Governance) management culture in Asian capital markets.
The Korea Exchange gave presentations on the carbon emissions trading market and corporate value-up support programs, and actively promoted the strengths of the Korean capital market by inviting external experts to introduce Korea’s semiconductor industry.
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A Korea Exchange official stated, "This meeting will be an opportunity to strengthen strategic relationships with major Asian exchanges," adding, "We plan to further enhance global cooperation with overseas exchanges going forward."
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