SEOUL, Dec. 23 (Korea Bizwire) — South Korean investors have picked Tesla and Apple as the most popular foreign stocks to pass on to their children.
Major South Korean brokerage house Samsung Securities Co. held an online conference on Saturday through its official YouTube channel and carried out a survey with a group of local investors who participated in the conference.
As many as 35,000 investors watched the online conference, in which six analysts from the company spoke about next year’s promising overseas stocks. Among them, 12,456 investors participated in the survey.
Roughly 20 percent of the respondents picked Tesla and Apple as their preferred overseas stocks to pass on to their children, followed by Amazon at 7.3 percent, Google at 5.2 percent and Disney at 2.5 percent.
About 76 percent of the respondents picked domestic and overseas stocks as assets for which they would increase exposure in their investment portfolio next year.
Among them, 40 percent showed preference towards domestic stocks while 60 percent preferred overseas stocks.
About 66 percent of the respondents picked state-of-the-art technology industries such as semiconductors, pharmaceuticals, bioengineering and secondary batteries as promising areas for investment.
Ashley Song (ashley@koreabizwire.com)