If Korea s Stock Market Follows Japan, Many Emerging Markets Funds Won t Have It seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Michael ByungJu Kim, co-founder and chairman of global private equity firm MBK Partners, said Korea s discounted share prices continue to provide opportunities for value investments.
Since the Korean government announced its Corporate Value-Up program in January, the Korean stock market has risen by 12.3 percent, primarily due to foreign investor buying. The program is designed to unleash companies corporate valuation potential to make them more attractive to investors via numerous reform measures. For decades, Korean companies have been under the shadow of the Korea Discount, which attributes Korea s persistent under-valuation to a lack of corporate transparency, low dividends and weak rights afforded to minority shareholders.
South Korea s push to make its markets global dogged by FX history thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.