Douglas Research Insights

Douglas Research Insights

Changes to a Points Based System for IPO Subscriptions in Korea

Douglas Kim's avatar
Douglas Kim
Sep 08, 2023
∙ Paid
  • In order to reduce fake subscriptions for IPOs in Korea, the financial regulators have changed the IPO subscription system to extend the number of subscription days from two to five.

  • Plus, points based system is implemented so that investors will be given higher points for subscribing on the first day as opposed to the fifth day.

  • Doosan Robotics will be a…

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