Overview
- President Lee reaffirmed plans to eliminate stock manipulation and unfair disclosures to “normalize” the capital market.
- He highlighted ruling‑bloc Commercial Act revisions expanding board fiduciary duties and introducing cumulative voting at large listed firms.
- The Kospi rose 1.4% to 3,461.30, a new high, with tech leading gains including Samsung Electronics up 2.9%.
- Lee set a goal of reaching Kospi 5,000 within his five‑year term and framed a predictable, rational market as essential for investor trust.
- After hearing proposals on deregulation, dividend incentives and startup support, he ordered feasibility reviews and noted pensions’ low equity allocations.