South Korea's financial regulator issued a statement on Wednesday saying that South Korea's capital is shifting from the real estate market to so-called productive finance. The Korea Financial Services Commission said it aims to achieve tangible results in “productive finance” in the first half of the year. The agency said that the government has always been committed to improving the overall health of the capital market; the domestic stock market is rapidly returning to normal, and corporate behavior is shifting in the direction of prioritizing shareholder value. The government will expand the size of the national public-private technology fund — the National Growth Fund — from 150 trillion won to 200 trillion won. The government also plans to establish a professional asset management company called “Korea Strategic Technology Partner Company” to make long-term investments in future strategic technology.

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