Prosecutors Raid Daishin Securities...Former Executive Accused of Involvement in Stock Price Manipulation
The prosecution has raided Daishin Securities due to allegations that a former executive colluded with stock price manipulation forces to manipulate the stock price of a KOSDAQ-listed company.
Foreigners Bought KOSPI and Sold KOSDAQ Last Month
Foreign investors engaged in net buying of KOSPI stocks while selling KOSDAQ stocks in January, leading to an overall net sell-off in the domestic stock market.
The Exit of 'Penny Stocks' in 100 Won Units Begins in Earnest...150 Companies on KOSDAQ Expected to Be Delisted
Starting in July, stocks priced at 100 won will become candidates for delisting, with an estimated 150 companies expected to be removed from the KOSDAQ exchange.
Number of candidates for KOSDAQ delisting skyrockets to 150... Financial Services Commission says "delisting criteria will be strengthened"
The Financial Services Commission estimates that around 150 companies may face delisting from the KOSDAQ market this year, significantly higher than the initially expected 50, due to stricter delisting criteria for underperforming companies.