Seoul: The Korea Exchange (KRX), the main bourse operator of the Republic of Korea, has announced new review criteria for initial public offerings (IPOs) targeting companies in core technologies, including artificial intelligence (AI). The KRX has completed amendments to its listing regulation enforcement rules to enhance the credibility of the KOSDAQ market. According to Emirates News Agency, the KRX plans to introduce customised, industry-specific technology review criteria to support the swift public listing of companies in strategic technology sectors. The bourse operator aims to implement different review standards for each segment in the AI value chain, from semiconductors to AI-related software and power supplies. The KRX also intends to strengthen the listing maintenance rule for KOSDAQ-listed companies starting this month. Under the new rule, the minimum market capitalisation threshold for delisting will be increased to 15 billion won (US$10.4 million) from the current 4 billion won.
