South Korean retail investors favors Chinese stocks most: Tianqi Lithium Industry

[Global Times special reporter Zhang Jing in South Korea] "China Tianqi Lithium ranked first among Korean retail netizens' net buying foreign stocks." South Korean KBS TV reported on the 15th that in recent months, South Korea, which has invested in overseas stock markets Investors have sold Tesla shares and have invested in Chinese companies listed in Hong Kong. According to information on the securities information portal of South Korea's entrusted settlement institute, although South Korea invested in overseas shareholders to buy many Tesla shares in the first half of this year, it began to sell collectively in the second half of the year.

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"Korean individual investors' choice is Chinese concept stocks and electric vehicle stocks." South Korea's "Asian Economy" reported on the 9th that as of the end of July this year, there were 65 newly listed trading funds (ETFs) in South Korea, with a net purchase amount of 161 billion yuan Hanging (about 832 million yuan). Only four newly issued funds have attracted more than 10 billion won, and three involved in China.

According to reports of "South Korea Economy", since the beginning of this year, major global stock markets have fallen because of the impact of U.S. inflation. Because the Chinese government's policy focus has shifted from epidemic prevention to stable economy, the price of ETF related to China is also soaring. According to the analysis, as the Chinese economy returns to the right track, the expectations of the Chinese economy are also reflected in the stock price, and funds related to Chinese capital have been included in the investment plan of Korean investors. The financial information company "FNGUIDE" said that from the beginning of this year to the end of June, a total of 191 Korean overseas stock funds were related to China.

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