Kosdaq
Coverage of Kosdaq in the Nexus archive.
- Samsung-backed AI chip firm Rebellions targets IPO in South Korea next year, CEO tells CNBC
Samsung-backed AI chip firm Rebellions plans to pursue an IPO in South Korea next year. CEO Sunghyun Park stated the company is considering listing on the KOSPI rather than the KOSDAQ.
- Korea’s Kospi Extends Losses on Chipmakers, War-Tied Jitters
South Korea's Kospi and Kosdaq indexes closed lower on June 8, driven by losses in chipmakers and concerns linked to war-related jitters.
- Korea Exchange Is Said to Launch Weekly Options on Single Stocks
South Korea's equity market has overtaken Canada's as the world's seventh largest, driven by demand for chips powering artificial intelligence. The Korea Exchange is said to launch weekly options on single stocks. This growth is propelled by insatiable demand for AI-powered chips.
- The World Will Never Forget the Hormuz Crisis
Asian stocks rose and crude oil prices fell as President Donald Trump signaled optimism for an Iran deal, despite a blockade of the Strait of Hormuz. Financial indicators like the KOSPI and KOSDAQ were displayed at Hana Bank in Seoul amid market reactions.