Goldman Sachs senior Asia economist Goohoon Kwon warned South Korean retail investors that they are “highly exposed” to US market risks after their holdings in US stocks reached 80 percent.
According to Kwon, with South Koreans' heavy buying during a global equity rally in late 2020, a 10 percent market correction could have placed a third of their holdings in the red.
Kwon made the warning after South Korean individual and institutional investors continued to satiate their appetite for US stocks in January, buying a net $5 billion in such offerings as GameStop Corp. and Tesla Inc. to drive their overseas equities to a record high.
It was the most-ever monthly tally in foreign stocks since 2011 when the Korea Securities Depository began collecting data.
Holdings by South Koreans now include $9.8 billion in Tesla Inc. shares and about $557 million in GameStop Corp.
They turned to US stocks, especially tech stocks like Tesla and Apple Inc., for returns last year.
Regulators in South Korea have been warning retail investors, especially those borrowing recklessly, to be cautious about investing overseas.
South Korea's benchmark Kospi soared 31 percent% in 2020, making its bourse the world’s second-best performer after Nigeria’s.


India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures
Gold Prices Rise as Markets Await Trump’s Policy Announcements
Investors Brace for Market Moves as Trump Begins Second Term
Dollar Holds Firm as Markets Weigh Warsh-Led Fed and Yen Weakness Ahead of Japan Election
Tech Stocks Rally in Asia-Pacific as Dollar Remains Resilient
Investors value green labels — but not always for the right reasons
China Home Prices Rise in January as Government Signals Stronger Support for Property Market
Do investment tax breaks work? A new study finds the evidence is ‘mixed at best’
South Korea Exports Surge in January on AI Chip Demand, Marking Fastest Growth in 4.5 Years
South Korea Factory Activity Hits 18-Month High as Export Demand Surges
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair
Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook
Elliott Investment Management Takes Significant Stake in BP to Push for Value Growth
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
China Manufacturing PMI Slips Into Contraction in January as Weak Demand Pressures Economy
Why your retirement fund might soon include cryptocurrency 



