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Stock Value of 33 Conglomerate Heads Dips 29 pct in 2022 on Bear Market

Stock Value of 33 Conglomerate Heads Dips 29 pct in 2022 on Bear Market

SEOUL, Jan. 3 (Korea Bizwire) — The value of shares held by South Korea’s 33 major business group chiefs tumbled nearly 30 percent in 2022 amid a bearish stock market, a corporate tracker said Tuesday. The business tycoons held stocks worth a combined 45.9 trillion won (US$35.9 billion) as of the end of December 2022, [...]