Companies shy away from KOSPI listing due to restrictions
Seoul - Yonhap
Companies that can be listed on the Korea Composite Stock Price Index (KOSPI) are shying away from doing so due to excessive restrictions and economic uncertainties, the lobbying group for South Korea's largest businesses claimed Wednesday. According to the Federation of Korean Industries (FKI), only four of the 811 companies that satisfied the requirements to be listed on the country's main bourse did so in 2013. This accounts for 5 percent, down from 3.3 percent tallied for 2010.
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