Tag - Foreign investors remain cool on Korean stocks

Foreign investors remain cool on Korean stocks

Foreign investors remain reluctant to put more money into tech behemoth Samsung Electronics Co. and other big-cap South Korean firms despite the companies’ concerted efforts to promote shareholder value and streamline governance structure, market watchers say. Foreigners’ lukewarm attitude runs counter to analysts’ rosy expectations that major firms’ recent announcements of stock buyback plans and other reform measures would help ease the so-called Korea discount, or offshore investors’ undervaluation of South Korean stocks. Analysts point out that foreign investors are skeptical [...]

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