Shunning home markets, South Korean retailers pile-up on US stocks

Taiwan

SEOUL: South Korea's mom-and-pop investors are defying last week's global financial markets rout by pouring even more funds into US stocks, a years-long trend that analysts and investors bet will continue due to the depressed value proposition at home. South Korean retailers have been scooping up Nvidia, Tesla and Apple shares this year fuelled in part by the worldwide AI-frenzy, a move that comes despite government efforts to boost the domestic stock market. Sunny Noh, a 49-year-old who has

Shunning home markets, South Korean retailers pile-up on US stocks https://www.channelnewsasia.com/ - 14.08.2024 08:04
Shunning home markets, South Korean retailers pile-up on US stocks https://www.channelnewsasia.com - 14.08.2024 04:01

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Shunning home markets, South Korean retailers pile-up on US stocks https://www.channelnewsasia.com/ - 14.08.2024 08:04
Shunning home markets, South Korean retailers pile-up on US stocks https://www.channelnewsasia.com - 14.08.2024 04:01