Companies Adjust Governance Amid Commercial Law Reform
Korean companies are restructuring governance and treasury stock strategies ahead of Commercial Law amendments, with 34 firms planning stock buybacks averaging 27.6% cancellation rate, while adjusting board compositions to address enhanced shareholder rights.
digitaltoday.co.kr · invests_into_assets · 6 days ago
Edutech company Ubion terminated its 600 million won share buyback trust contract with Daishin Securities, returning 580,379 shares representing 2.94% of total shares, with plans to cancel them within one month.
Middle East Risks Impact Korean Financial Holdings
Daishin Securities raised target prices for major Korean financial holdings including KB, Hana, Woori, and Shinhan, expecting Q1 net profit of 5.2 trillion won despite Middle East geopolitical risks affecting bond yields.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.