Lee Jae-myung Claims South Korean Capital Market is Undervalued

South Korean President Lee Jae-myung stated on the 12th that the South Korean capital market is still undervalued and presents attractive investment opportunities. He emphasized the need to focus on creating an environment conducive to the reasonable valuation of the capital market, rather than being swayed by short-term fluctuations. Lee proposed to accelerate reforms aimed at enhancing corporate value and expanding shareholder returns, as well as to implement measures that promote long-term investment. He committed to speeding up the nurturing of the ChiNext (KOSDAQ) market and reforming the venture capital ecosystem so that companies with innovative technologies can smoothly obtain financing. Furthermore, he pointed out that the automotive industry has a strong upstream and downstream industrial driving effect, calling for proactive and bold measures regarding electric vehicles and autonomous vehicles to ensure that South Korea maintains a global competitive edge in these fields.

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