KONEX kicks off

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The Korea New Exchange (KONEX), a new stock market exclusively for SMEs and venture tech firms, is open for trading on July 1, 2013. In order to be listed on the KONEX, companies with promising technologies are only required to have equity capital worth 500mil won, annual sales of 1bln won, or net profit of 300mil won. KONEX is expected to help cash-strapped start-ups and SMEs for easier financing as well as play a significant role in realizing Creative Economy and Creative Finance.

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