IPO market stuck in lull despite Kospi rally

Korea’s initial public offering market remains subdued even as the benchmark Kospi nears the 7,000 mark, with new listings down sharply from a year earlier and analysts expecting the lull to persist through the first half. According to the Korea Exchange on Tuesday, only 12 companies were listed on the Kospi and Kosdaq between January and April, compared with 27 in the same period last year. The slowdown is even more evident on a monthly basis. Just one company went public in January, none in Fe

By The Korea Herald