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| ▲ Financial Supervisory Service (FSS) chief Lee Bok-hyun (2nd from L) speaks during an investor IR session in Hong Kong on Nov. 13, 2024, in this photo provided by the FSS. (PHOTO NOT FOR SALE) (Yonhap) |
Investment IR-Hong Kong
S. Korea woos foreign investors for more exposure to Korean market
SEOUL, Nov. 14 (Yonhap) -- South Korea's financial firms and local governments have held an overseas investor relations (IR) session to woo more foreign investors as the country is ready to conduct more policy reforms to improve corporate governance and protect shareholders' interest, the financial watchdog said Thursday.
The Financial Supervisory Service (FSS), local governments, such as the Busan metropolitan government, and financial firms held the investor road show in Hong Kong on Wednesday, where over 200 high-ranking officials from global investment firms, such as HSBC, attended.
FSS chief Lee Bok-hyun said the financial authorities have been working to build a more shareholder-friendly corporate culture and to make the capital market infrastructure more accessible and efficient in line with global standards.
Lee also stressed that South Korea is working through various initiatives to help the capital market perform better soon, and, more fundamentally, build a stronger and healthier economy.
The FSS chief said the country is well prepared to face such headwinds, while also continuing to closely monitor how changes in the global policies would affect the economic and financial situations at home and respond effectively.
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