Reported 8 months ago
As South Korea prepares for stricter disclosure regulations on stock offerings, there has been a notable increase in block equity sales as stakeholders aim to raise funds before the impending changes. The revised framework for block trading, set to take effect on July 24, is part of efforts to prevent insider trading. With additional share sales in South Korea reaching $5.4 billion since the beginning of 2024, more than 20 times the figure from the previous year, analysts anticipate a rise in block deals as the deadline approaches.
Source: YAHOO