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Korea's market watchdog urges companies to listen to shareholders seriously

The Financial Supervisory Commission of Korea (FSC) said Thursday that companies should pay more attention to the voices of shareholders as the government seeks to boost the domestic stock market through reforms to encourage higher shareholder returns. "I ask companies to seriously listen to the voices of shareholders and actively communicate with them to understand their legitimate demands," said Lee Bok-hyun, director of the Financial Supervisory Commission. "I ask that companies actively share with their shareholders as they continue their efforts to enhance shareholder value and establish a sound governance structure," Mr. Li said at a meeting with activist funds, representatives of listed companies and market experts.

China strengthens stock market trading and listing supervision

China's Securities Regulatory Commission (CSRC) on Friday released draft rules to strengthen the supervision of listing, delisting and quantitative trading of companies in a bid to improve the stock market and protect investors' interests. According to the draft rules, which are out for public comment, the China Securities Regulatory Commission (CSRC) has strengthened delisting requirements to force unqualified companies out of the market and vowed to step up delisting audits. To improve the quality of listed companies, the CSRC said it plans to appropriately raise requirements for operating revenues and net profits for companies listed on the Main Board and the technology-based Growth Enterprise Market (GEM).

China pledges to step up stock market monitoring to control risks

(Bloomberg) -- China's cabinet vowed to tighten stock-listing standards and urged companies to improve corporate governance in new guidelines released Friday, the latest effort to bolster the stock market. Bloomberg's Top Reads U.S. Sees Upcoming Missile Attacks on Israel by Iran, Proxies Apple Plans to Revamp Entire Mac Line With Artificial-Intelligence-Centered M4 Chip Vietnamese Tycoon Ran Sentenced to Death in $12 Billion Fraud Russia's Attacks in Ukraine Raise Fears That Troops Are on Brink of Collapse U.S. Lashes Out at Crackdowns
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