President Lee to chair capital market meeting today to discuss stock market reforms

According to Financial News, President Lee Jae Myung will meet with capital market officials and individual investors at Cheong Wa Dae (the Blue House) on the 18th to discuss fundamental reforms to strengthen the structure of the capital market.
Cheong Wa Dae said that on this day Lee will chair a "Meeting on Stabilizing and Normalizing the Capital Market." The session will be held under the slogan "A resilient capital market trusted by the people."
A total of 47 people from the private sector, government, and Cheong Wa Dae are expected to attend. From the private sector, participants will include representatives of companies listed on KOSDAQ (Korean Securities Dealers Automated Quotations) and KONEX (Korea New Exchange), startups, institutional investors, analysts, as well as individual investors such as university students and young adults.
From the government and related institutions, attendees will include Lee Eog-weon, chair of the Financial Services Commission (FSC); Lee Chan-jin, Governor of the Financial Supervisory Service (FSS); and Jeong Eun-bo, chairman of the Korea Exchange (KRX). From Cheong Wa Dae, Kang Hoon-sik, Chief of Staff to the President of the Republic of Korea; Kim Yong-beom, Chief Presidential Secretary for Policy; Joon-Kyung Ha, Senior Presidential Secretary for Economic Growth; and Bong Wook, Senior Presidential Secretary for Civil Affairs, will also take part.
At the meeting, Lee Jae Myung will receive a briefing from Lee Eog-weon on structural reform measures to stabilize the capital market. The plan is built around four key policy directions: enhancing trust, protecting shareholders, promoting innovation, and improving market accessibility. The government intends to push ahead with measures such as accelerating the exit of insolvent firms from the market, in principle banning multiple listings through strict screening, revitalizing KONEX and KOSDAQ to provide stage-by-stage financing for innovative companies, and introducing new long-term investment products that deliver tangible benefits to the public.
Participants will also offer their views on the government’s proposed "capital market structural reform plan." In addition, they plan to hold in-depth discussions on topics including building a market resilient to crises, diagnosing current stock market conditions and response tasks, creating a market in which people can invest with confidence, and policy tasks to achieve a Korea Premium.

west@fnnews.com Seong Seok-woo Reporter