Lee pledges capital market reform to address stock undervaluation

The Korea Times - Nov 13, 2026

President Lee Jae Myung on Friday reiterated his commitment to capital market reform, pledging to address what he has called "undervaluation" of Korean stocks by boosting market confidence and cracking down on market irregularities. Lee made the pledge during a policy discussion on the capital market held at the Korea Exchange, which brought together experts, corporate representatives and government officials. "Normalizing the capital market is our government's unwavering policy direction and commitment," the president said. The president described the undervaluation of Korean stocks as an "unreasonable abnormality," reaffirming his administration's commitment to reforming the capital market and the broader financial market to boost investor confidence. Lee's remarks came amid significant volatility in Korea's stock market in recent months, with the benchmark Korea Composite Stock Price Index (KOSPI) trading in the mid-5,000-point range on Friday, after reaching an all-time closing high of 9,114.55 points in late June. The president cited investor confidence as the most important value in

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