Can Korea's retail investors power lasting market re-rating?

Korea's retail investors, long viewed as short-term traders in a property-obsessed economy, are emerging as a central force in the country's stock market rally. The question now is whether that money can become a stable base for a broader re-rating of Korean equities, or remain a source of volatility that keeps foreign investors cautious. Shim Jong-min, deputy head of Korea research at CLSA Securities, said the flow of household money into equities appears to be more than a simple chase for shor

By The Korea Herald