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Korean Stock Firms’ Problematic Avoidance of “Sell” Recommendations Rising to the Surface

Korean Stock Firms’ Problematic Avoidance of “Sell” Recommendations Rising to the Surface

SEOUL, May 30 (Korea Bizwire) — Korean stock firms place much more emphasis on recommending their customers to buy stocks rather than sell them. According to the Korea Financial Investment Association and industry representatives on May 29, only 0.3 percent of the stock recommendations given by analysts from 33 Korean firms over the past year [...]