Wednesday, March 1, 2017

Last year the number of unfair transactions surged 36.2% 177 Articles ... Use half undisclosed information



[Korea goyounghun financial newspaper reporter] unfair transactions last year, the number of notified cases increased by 130 177 cases a year compared to 36.2%.

1 According to the Korea Stock Exchange Market Surveillance Committee charges are unfair trade 2016 type is used undisclosed information (88 cases, 49.7%), quotes Controls (57 cases, 32.2%), illegal trade (22 cases, 12.4%), reports breach (5 cases, 2.8%), other (5 cases, 2.8 percent) of the share.

Exchange fluctuations and the management right side last year, has greatly increased use of undisclosed information activities (83.3% YoY), and capitalize on China-related themes also it said increased to one trillion kinds of price significantly. Listed company insider involved, including the largest shareholder (13), the Chinese theme, the new business-related use of false, exaggerated sex-disclosure reported cases (22 cases) were also on the rise.

KOSDAQ (107 cases, 62.2%). By market securities (47 cases, 27.3%), derivatives (12 cases, 7.0%), Conex (6 cases, 3.5%) were in order. 142 cases of alleged events notified 53 cases were unheard of (37.3%) were exposed in the past 16 unfair trade cases were subject to unfair competition repeat at least three times.

Unfair trade stocks scale By small caps 84 companies (59.2%), mid caps 32 companies (22.5%), caps 13, four (9.2%) Price regulation of the companies have been very Sector compared to 19 times or more difference to the small caps are unfair It was the main target.

Type scale undisclosed charges listed shares 49.3 million shares, 33.4 million shares fraudulent transactions, quotes one trillion kinds were 19.6 million shares net.

Alleged unfair trade last year, the main event was characterized by the largest shareholder involvement, change management control, etc. temaju events. Involved mainly by suspected this (54 cases, 35.1%), the largest shareholder or its related parties showed most, quotes, fraudulent transactions involving cases for undisclosed information available, stake expensive disposal, etc. of the access to information easier was the number .

Frequent change is the largest shareholder, despite the high probability of future act as negative factors, investors were often recognized as a short-term boon. China to attract funding and business expansion in China, including 40 cases, or positives gender information was also discovered using undisclosed information and quotes using one trillion kinds of events.

Exchange Market Surveillance Committee investors are the main features of unfair trade caused stocks have urged caution about stocks that appear to overlap enemies.

Capital stock price percentage change in the number of shares traded small caps of less than 100 billion and more than 200% in volume regulation, or operating loss, net loss incurred businesses should be especially careful. In addition to the frequent need careful management control fluctuations or even businesses that corresponds to the limit now, less than a 10% stake in the largest shareholder, total liabilities more than 10 billion won needed funding.

Exchange Market Surveillance Division psychological part namseungmin leader explained, "it has conducted an intensive monitoring for such stocks surged more than reinforce preventive measures, including monitoring of the high probability event occurs unfair trade, and political temaju".



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