Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
South Korea
Economy

South Korea wants MSCI status as a developed economy

16.04.2023
2 min read

South Korea changes rules for registering foreign investors

South Korea is reviewing the rules of doing business in the local financial market. The government plans to change the access mechanism for foreign investors. This step is expected to make the sector more attractive to foreigners. In addition, this decision will help to reach the level of a state with a developed economy. The Korean government hopes to receive this status from the index provider MSCI.
Simplification of rules first of all concerns the registration mechanism for foreign investors. Previously, investors had to go through a complicated registration procedure in order to have the right to trade in shares of Korean companies. The innovations will also affect the market of digital assets, where it is planned to strengthen the level of security and protection of users of the trading system.
It should be noted that the MSCI provider classifies South Korea’s economy as an emerging market. And the main factor behind this status is the complexity of the registration system for foreign investors. As a result, the market restricts transactions in the foreign exchange market, thereby reducing the inflow of capital into the local economy. The authorities of the country understand the problem and intend to change the situation qualitatively.South Korea-2From the second half of 2024, it is planned to introduce innovations in the foreign exchange market. Trading will be available from 9 am to 2 am. Now the site works from 9:00 to 15:30. South Korea is making serious efforts to have the shares of local companies included in the MSCI World Index. This will increase the attractiveness of the Korean market to foreign investors.
Korea has one exchange, which ranks first in the world by the volume of transactions in the derivatives sector. In terms of capitalization, it is among the top 20 in the world list. The main office of the exchange is located in Busan, the subdivision is also located in Seoul. In 2005, the site was created by merging several exchanges, including the futures one.
Totally more than 2059 local companies trade on the stock exchange, with a total capitalization of about $1.3 trillion. The largest representatives of the Stock Exchange are Samsung, LG, Hyundai Motors, Shinhan Bank, and others.
The main index – KOSPI – analyzes the dynamics of all common stocks. KOSPI 200 includes the largest companies and KOSPI 50 includes representatives with the best liquidity indicators. Despite the fact that the Korean stock market is considered stable, it is not particularly popular among foreign investors. Experts hope that the loosening of requirements will make the local market more accessible to foreign players.

Tags: Economy
0
Previous Post Trevor Reese-Jones: an American businessman from Texas Next Post ExxonMobil Corporation of America announced the sale of Esso Thailand

You Might Also Like

China's weaknesses
Economy
RAND Research Corporation reveals China’s weaknesses
03.03.2022
African economy
Economy
The African economy is suffering from new cases of COVID-19
12.05.2021
carbon emissions
Economy
To reduce carbon emissions, EU cuts oil and gas consumption
09.10.2021
Alternative energy in Europe
Economy
Alternative energy in Europe is increasing generation volumes
08.12.2021
Europe's biggest banks could lose assets
Economy
How the implementation of the environmental strategy is affecting Europe’s biggest banks
27.04.2022
UAE fields of oil and gas
Economy
UAE fields to be developed by Eni and SNOC
28.11.2021

Recent Posts

  • 1inflation in the UK
    Inflation in the UK will decline: analysts’ forecasts
    03.06.2023
  • 2Mary Erdoes
    Mary Erdoes: the most powerful woman on Wall Street
    02.06.2023
  • 3Pilatus Aircraft
    Pilatus Aircraft: the history of the Swiss aircraft manufacturer
    01.06.2023
  • 4investment triangle to select a particular asset
    Investment triangle: how to choose the best asset for investment
    31.05.2023
  • 5Nissan and Renault
    Nissan and Renault invest $600 million in a joint venture
    30.05.2023

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Fred Smith: the man who gave the world express delivery

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Latest Posts

inflation in the UK
Inflation in the UK will decline: analysts’ forecasts
03.06.2023
Mary Erdoes
Mary Erdoes: the most powerful woman on Wall Street
02.06.2023
Pilatus Aircraft
Pilatus Aircraft: the history of the Swiss aircraft manufacturer
01.06.2023

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Fred Smith: the man who gave the world express delivery
  • What factors influence the development of the Russian money market
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics