KOSDAQ Valuation Shift Looms as Earnings Take Priority Over Market Cap

A possible shift in how leading KOSDAQ stocks are evaluated is drawing attention. A long-standing concern has been that many companies near the top of KOSDAQ by market capitalization are highly valued despite weak or insufficiently verified earnings foundations. As such firms rise in market-cap rankings and influence benchmark indexes, questions have continued over the market’s representativeness. If evaluation standards move from market capitalization toward earnings, investor attention may grow around stock selection and index composition in the KOSDAQ market. Source: mk.co.kr