The Financial Services Commission, the Korea Exchange, and the Financial Supervisory Service have stated that rumors regarding a government stimulus announcement for KOSDAQ are unfounded.
In an official statement on November 12, the Financial Services Commission emphasized, "The claims circulating on the internet and social media about an additional KOSDAQ policy announcement on November 13 are completely false." They warned that spreading baseless rumors could constitute unfair trading under capital market laws and that strict measures would be taken if any illegal activities are confirmed.
They also urged investors not to make decisions based on unverified rumors and to confirm policy-related information through official press releases.
On the same day, various online platforms and social media suggested that the Blue House, the Financial Services Commission, and the Korea Exchange would announce specific policies to stimulate KOSDAQ, including easing or gradually abolishing the current price limit of -30% to +30%, as well as measures to enhance trading by individual investors and increase liquidity.
The Korea Exchange also officially refuted these rumors, stating, "The claims regarding an upcoming announcement of additional KOSDAQ stimulus measures, including the easing and gradual abolition of the current price limit, are entirely false."
The Financial Supervisory Service similarly stated, "The reports circulating online about a KOSDAQ stimulus meeting are completely untrue."
* This article has been translated by AI.
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