South Korean stocks surged on Monday following a government announcement restricting companies from listing subsidiaries in a way that dilutes shareholder value. Double listings, where a parent company lists its subsidiary separately, have long been criticized for creating complex ownership structures that obscure true value and complicate governance. The new regulation aims to curb this practice, potentially simplifying corporate structures and improving transparency for investors. Shareholders welcomed the move, seeing it as a step towards greater accountability and clearer valuation metrics.