As Kospi gains global prominence, foreign media increase scrutiny

What happened: South Korea's equity market is drawing increased scrutiny from foreign media and brokerages, from the Elice AI cloud IPO debut to regulators' handling of market volatility. Key numbers: Elice shares fell as much as 38 percent before closing 32 percent below their offering price, the worst first-day performance for a sizable Korean Why it matters: The FSC said it is responding more swiftly to foreign media reports to prevent them from negatively affecting global investor sentiment. Research report volume on the Korean market has risen to more than 2.5 times its usual level.

South Korea's equity market is drawing increased scrutiny from foreign media and brokerages, from the Elice AI cloud IPO debut to regulators' handling of market volatility.

The FSC said it is responding more swiftly to foreign media reports to prevent them from negatively affecting global investor sentiment. Research report volume on the Korean market has risen to more than 2.5 times its usual level.