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Korea's top financial regulator says SoliDaim US listing faces dual-listing rules

Financial Services Commission Chairman Lee Eok-won said on Oct. 22 that SK Hynix's push to list its US subsidiary SoliDaim on the US stock market falls under dual-listing regulation, according to Dong-a Ilbo. This follows Financial Supervisory Service Governor Lee Chan-jin's similar judgment, with both financial authorities' heads now aligned. Lee also apologized again for the single-stock leveraged product that caused over 6 trillion won in individual investor losses. The remarks came during a National Assembly audit, in response to a question from People Power Party lawmaker Park Seong-hoon. Korea Economic Daily also reported Lee's statement that SoliDaim's US listing would be subject to dual-listing guidelines. Korean media coverage focuses on the regulatory stance, with no significant public reaction reported in the supplied documents.

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