South Korea Stock Consolidations Soar 243 Cases in July as Delisting Rules Tighten

According to Yonhap Infomax, South Korean financial authorities and Korea Exchange began implementing stricter delisting standards starting July 4, triggering a sharp surge in stock consolidations and merger activity among marginal listed companies. Stock consolidations reached 243 cases from February 12 through July 2, including 192 on the KOSDAQ market, compared to just 10 cases in the same period last year—a roughly 24-fold increase. The reform introduces a new requirement to delist companies trading below 1,000 won per share, while advancing the market cap threshold to 20 billion won for KOSDAQ and 30 billion won for the main board. A further tightening to 30 billion won and 50 billion won respectively takes effect January 1, 2027.
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