kosdaq

According to a report by the Korean News Agency, the Financial Supervisory Service's electronic disclosure system shows that Lee Jae-young, the representative director and head of the DX division of Samsung Electronics, purchased 3,000 shares of the company's common stock on November 6, at an average transaction price of 210,000 Korean won per share, totaling approximately 630 million Korean won. After the increase, his shareholding rose from 124,280 shares to 127,280 shares.The report states that this move comes at a time when Samsung Electronics' stock price has recently fallen significantly following the U.S. midterm elections, interpreted as a demonstration of a commitment to responsible management. Lee Jae-young previously purchased about 3,045 shares at 230,000 Korean won per share at the end of July. On the same day, Samsung Electronics' stock fell by 6.35%, closing at 188,700 Korean won.

According to market data from RootData, the South Korean KOSPI index fell by 5.6%, triggering the sell-side mechanism for both KOSPI and KOSDAQ. SK Hynix's stock price decline expanded to 10%.

The Korea Exchange has launched a sidecar mechanism for the KOSDAQ index.

According to Gate market data, the South Korean KOSPI index plummeted 8.00% during the day, currently reported at 5527.29 points. SK Hynix fell over 11%, and Samsung Electronics dropped over 9%.At the same time, the Korea Exchange activated the circuit breaker mechanism for the KOSDAQ, suspending trading for 20 minutes.

According to Gate market data, the Nikkei 225 index closed up 2,342.91 points on August 5, an increase of 3.66%, closing at 66,300.44 points. SoftBank rose by 13%, and Kioxia rose by 4.8%.The South Korean KOSPI index also closed up 239.3 points on the same day, an increase of 3.76%, closing at 6,598.25 points; the KOSDAQ rose by 2.41%, SK Hynix rose by 5.77%, and Samsung Electronics rose by 2.5%.

According to Jinshi reports, the Korea Exchange has launched a sidecar mechanism for the KOSDAQ, suspending programmatic trading for 5 minutes.

According to Jinshi reports, the Korean Exchange has activated the circuit breaker mechanism for the KOSDAQ index, suspending trading for 20 minutes.

According to the Korea Exchange (KRX) announcement on July 2, to further improve the KOSDAQ market system, KRX has officially revised the relevant listing rules and implementation details, aiming to strictly control the deviation of technology special listing companies from their main business.The new regulations clearly state that companies listed through technology exceptions that change their main business direction within 5 years after listing (excluding businesses similar to or subsidiary to the original main business) will be subject to substantial delisting review. KRX officials specifically cited an example where a related biotechnology company transferred its management rights to an overseas digital asset company after listing last year and illegally transformed into a "cryptocurrency vault" and other digital asset professional investment institutions. KRX emphasized that such behavior has caused the company to deviate from the technical and growth assessment basis approved at the time of listing, and therefore must undergo strict delisting review.In addition, the new regulations have added additional restrictions to the grace period for delisting conditions enjoyed by special listing companies (i.e., exemption from revenue insufficiency or large-scale losses within 3 to 5 years), requiring relevant companies to publicly disclose their "corporate value enhancement plans" during this period to ensure future growth and strengthen communication with investors. This revision of regulations also includes measures to optimize the capital market, such as expanding customized qualitative review standards for innovative companies and establishing a low PBR (price-to-book ratio) company disclosure system.

According to the Chosun Ilbo, the revised listing regulations for increasing the retention threshold in the South Korean stock market will be implemented on July 1. Some KOSDAQ DAT (Digital Asset Treasury) listed companies that have profited from investing in crypto assets are facing delisting risks.Data from the Korea Exchange shows that on June 26, Bitmax fell 6.3% to 1,228 KRW, with a market capitalization of 13.1 billion KRW, below the lower limit of 20 billion KRW for the second half of the year; Parataxis Ethereum has a market capitalization of 26.8 billion KRW, and BitPlanet has a market capitalization of 33.1 billion KRW. However, Parataxis Ethereum has not met the adjusted standard of 30 billion KRW set for January next year, and Parataxis Korea has been transferred for substantial review of its listing qualifications and suspended since April due to capital erosion.The delisting crisis is mainly influenced by the weakness of crypto assets and the outflow of funds from KOSDAQ. If the trend of declining market capitalization continues, related DAT companies may gradually enter the delisting process starting from early next year, beginning with Bitmax.

ChainCatcher news, reported by Chainwire, MemeCore announced the initiation of an acquisition process for a KOSDAQ-listed company, aiming to enter the South Korean market.This acquisition will help MemeCore obtain ISMS certification and Virtual Asset Service Provider (VASP) registration in South Korea, laying the foundation for building a robust dApp ecosystem in the country. After the acquisition is completed, MemeCore plans to launch MRC-20 token services and community-driven dApps.

ChainCatcher news, according to South Korean media reports, South Korean blockchain infrastructure company DSRV announced that it expects to achieve revenue of 10 billion KRW (approximately 7.6 million USD) and an operating profit of 3 billion KRW in 2024, a year-on-year increase of 62%, marking its first profit since its establishment five years ago. DSRV has currently selected Daishin Securities as the lead underwriter for its IPO, planning to list on KOSDAQ in the first half of 2026.The company ranks ninth in the global Ethereum staking market, managing over 40 trillion KRW in digital assets and providing clients with an annualized return of 4-5%. The company plans to conduct a Series B financing round in the first quarter of 2025, aiming for revenue of 30 billion KRW in 2025 and expanding into new business areas such as payments.

ChainCatcher news, according to local media reports in South Korea, the Korea Exchange stated on the 13th that the average daily trading volume of KOSPI and KOSDAQ in January this year was about 20 trillion won, which has shrunk to around 15 trillion won this month.According to CoinMarketCap statistics, on the 13th, the total trading volume of the five major cryptocurrency exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, Gopax) reached 34.674 trillion won in the past 24 hours.The cryptocurrency trading volume is about 1.5 times the trading volume of KOSPI (12.848 trillion won) and KOSDAQ (7.4123 trillion won) from the previous day.