South Korea proposes reform plan for the Kosdak sector, introducing a system of upgrading and downgrading

The South Korean financial regulatory authorities and exchanges are finalizing the reform plan for the Kosdak sector, with the construction of an exclusive core index system for top sectors as a key topic and soliciting opinions. At the same time, they are promoting the introduction of a system of upgrading and downgrading, and plan to divide the Kosdak market into three categories: selected sectors, standard sectors, and management sectors.