The latest report of South Korea: Korean family financial investment prefers stocks

[Global Times Comprehensive Report] According to the report of Yonhap News Agency on the 25th, the recent report of the "Comparison of Family Financial Assets in Main Country in 2022" by the South Korean Financial Investment Association shows that the proportion of financial investment products in Korean household financial assets has been increasing since 2018.Stock gains are the best, and the proportion of financial assets in Korean households has increased from 15.2%in 2018 to 20.8%in 2021.Especially in 2020, this proportion has expanded significantly.At the end of 2019, South Korean stocks accounted for only 15.3%of financial investment products, while the number soared to 19.4%by the end of 2020.

Picture source Visual China

Although the proportion of stocks has increased significantly, Koreans still love non -financial assets such as real estate compared with financial products.As of the end of 2021, financial assets accounted for 35.6%of Korean household assets, and the United States, Japan and the United Kingdom accounted for 71.5%, 63%, and 53.8%.

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