Given the exchange rate this is not a surprise. Korean stocks are basically on discount right now from outside perspective.
pieholic on
1. Koreans dislike the volatility of KOSPI and believe snp500/nasdaq is a safer long term investment vehicle
2. Get rich quick Koreans invest into bitcoin
3. Foreigners have an increased interest in Korean products like never before
4. As won gets lower more Koreans look into U.S. stocks and more foreigners are willing to buy Kr stocks and cycle continues
One big one you see is the semiconductor industry, Koreans are trending into NVDA ASML TSM while americans buy samsung and hynix.
2 Comments
Given the exchange rate this is not a surprise. Korean stocks are basically on discount right now from outside perspective.
1. Koreans dislike the volatility of KOSPI and believe snp500/nasdaq is a safer long term investment vehicle
2. Get rich quick Koreans invest into bitcoin
3. Foreigners have an increased interest in Korean products like never before
4. As won gets lower more Koreans look into U.S. stocks and more foreigners are willing to buy Kr stocks and cycle continues
One big one you see is the semiconductor industry, Koreans are trending into NVDA ASML TSM while americans buy samsung and hynix.