SEOUL, Nov. 14 (Korea Bizwire) – Samsung Group shares, long considered a cornerstone of South Korean investing, continued their downward trajectory as foreign and institutional investors led a significant selloff, while retail investors moved to buy the dip. Market analysts suggest that despite current undervaluation, a quick recovery appears unlikely. On November 13, Samsung Electronics closed [...]
SEOUL, Oct. 10 (Korea Bizwire) — Foreign investors sold the largest amount of Korean stocks in over 3 years in September amid escalating geopolitical risks and skepticism over the artificial intelligence (AI) sector, central bank data showed Thursday. Offshore investors sold a net US$5.57 billion worth of local stocks last month, following $1.85 billion worth [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korean stocks heavily bought by foreign investors shined on the main stock market, while such issues fared far worse on the tech-heavy secondary market, sources said Friday. The average return of the 10 most heavily purchased stocks by offshore investors stood at a whopping 66.5 percent in the [...]
SEOUL, Jul. 15 (Korea Bizwire) — The visa issuance process will be simplified for foreign investors in reclaimed land in South Korea’s southwestern region, the Ministry of Justice and the Korea Agency for Saemangeum Development and Investment (KASDI) said Wednesday. With the modification, staff members and families of overseas firms that have invested more than [...]
SEOUL, Dec. 28 (Korea Bizwire) — Foreign investors’ net purchases of South Korean stocks nearly doubled in 2014 from the previous year thanks to ample liquidity in the United States and other major economies, data showed Sunday. Offshore investors bought a net 8.21 trillion won (US$7.47 billion) worth of local stocks in the first 11 [...]
SEOUL, Sep. 7 (Korea Bizwire) – From now on, government regulation on Korean nationals investing in the domestic stock market disguised as a foreign investor will be strengthened. In addition, the requirements for financial investment firms to submit accounting audit data with financial regulators will be relaxed while the reentry barriers for financial investment firms [...]