韩国公司治理改革法案本周有望通过 股市创近四年新高

Group 1 - The South Korean stock market experienced significant gains, becoming one of the best-performing markets in Asia, driven by expectations of the revised Commercial Law being passed in parliament [1][4] - Shares of major South Korean holding companies, including SK, Hanwha, and LS, rose by at least 11%, contributing to a nearly 2% increase in the KOSPI index, reaching its highest level in nearly four years [1][4] - The change in stance by the main opposition party, the People Power Party, to support the ruling party's reform proposal reflects a shift in market sentiment and highlights recent cases of shareholder rights violations [1][4] Group 2 - Under President Lee Jae-myung's leadership, the ruling Democratic Party is working to amend the Commercial Law to extend board members' fiduciary duties to all shareholders, aiming to improve corporate governance standards and enhance stock market returns [4] - The recent rise in the South Korean stock market coincides with optimistic economic data, including a rebound in exports due to record-high semiconductor sales, providing a boost to the trade-dependent economy [4] - Foreign investors became net buyers of KOSPI stocks after four consecutive days of declines, with local funds also participating in buying, indicating renewed interest in the market [4] - Year-to-date, the KOSPI index has risen approximately 30%, primarily due to optimistic sentiment regarding corporate governance reforms, compared to a 12% increase in the MSCI Asia-Pacific index during the same period [4]