Exchange Holds 7th Value-Up Advisory Panel Meeting "Value-Up Index to Be Announced This Month"
The Korea Exchange held the 7th Corporate Value-Up Advisory Group meeting and announced on the 2nd that it plans to release the 'Korea Value-Up Index' within this month.
At the meeting, the results of the recent roundtable with the top 10 conglomerates held last month were shared. Additionally, discussions were held on the revised and supplemented 'Korea Value-Up Index,' reflecting the outcomes of the 6th advisory group meeting.
The advisory group expressed expectations that the recent participation of the top 10 conglomerates in the value-up program will positively influence the spread of participation among listed companies. Furthermore, regarding the index, they suggested the need to include stocks in a balanced manner across industries and to differentiate it from existing benchmark indices to expand institutional investor participation and create new investment demand. Discussions were also held on preferential inclusion in the index for companies that comply with value-up disclosures and those awarded for value-up achievements to encourage active participation from listed companies.
Hot Picks Today
"Over 20 Times More Than Overseas": 104.5 Milli...
- "Only the Top 1% Winning Big in Stocks Smile... '300 Million Won Splurges' or '1...
- “Nothing Left to Protect” as Japan Drops Its “Peace State” Banner... Lifts B...
- "Even Luxury Cars Drive Off Without Paying"... UK Sees Surge in Fuel Theft at Ga...
- "Please Launch It in Korea!" After All the Hype... This Coffee Finally Arrives i...
A Korea Exchange official stated, "We plan to announce the Korea Value-Up Index within this month and proceed smoothly with the launch of an exchange-traded fund (ETF) based on the index and the listing of value-up index futures within the year."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.