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S. Korean Investors Pinning Hopes on Tesla’s New Battery Technology

S. Korean Investors Pinning Hopes on Tesla’s New Battery Technology

SEOUL, Sept. 21 (Korea Bizwire) — South Korean retail investors’ expectations for Tesla Motors Inc.’s new battery technology are growing as they have snapped up shares in the world’s top electric vehicle this year, industry sources said Monday. Tesla is slated to hold an annual meeting of stockholders on “battery day” Tuesday afternoon (Pacific time), [...]

Retail Investors Raise Stake in Samsung Electronics This Year

Retail Investors Raise Stake in Samsung Electronics This Year

SEOUL, Sept. 17 (Korea Bizwire) — South Korean retail investors have snapped up Samsung Electronics Co. this year, sharply raising their stake in the global tech giant, industry sources said Thursday. Local retail investors had net bought 147 million shares in the world’s top smartphone and memory chip manufacturer this year as of Wednesday, according [...]

IPOs in S. Korea Scoop Up Investor Money This Year

IPOs in S. Korea Scoop Up Investor Money This Year

SEOUL, Sept. 14 (Korea Bizwire) – South Korean investors have poured a huge amount of money into initial public offerings (IPO) this year amid ample liquidity, industry sources said Monday. Investor deposits for IPO subscription in Asia’s fourth-largest economy came to 150.9 trillion won (US$134 billion) between January and last week, about 1.5 times the [...]

South Korean Shares Log 2nd Highest Gains Among G-20 Peers

South Korean Shares Log 2nd Highest Gains Among G-20 Peers

SEOUL, Sept. 13 (Korea Bizwire) — South Korea’s key stock index has posted the second-highest profit rate among its Group of 20 peers since this year’s bottom, helped by robust buying by individuals, the bourse operator said Sunday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,396.69 points Friday, soaring 64.42 percent from [...]

S. Korean Stock Investors Swoop on Tesla in H2

S. Korean Stock Investors Swoop on Tesla in H2

SEOUL, Sept. 9 (Korea Bizwire) — Electric vehicle leader Tesla Motors Inc. has been South Korean investors’ most-bought issue among foreign shares since July amid an overseas stock buying craze here, data showed Wednesday. Domestic investors bought a net US$1.56 trillion won worth of Tesla shares between July 1 and Tuesday, according to the data [...]

Retail Investors Snap Up Samsung Electronics over Past Month

Retail Investors Snap Up Samsung Electronics over Past Month

SEOUL, Sept. 2 (Korea Bizwire) — South Korean retail investors have net-bought more than 2 trillion won worth of shares in top-cap Samsung Electronics Co. over the past month amid massive selling by foreigners and institutions, data showed Wednesday. Individual investors’ net purchase of Samsung Electronics traded on the main stock market came to 2.01 [...]