Investing
Koreans Buy Tesla, GameStop as Foreign Stock Buying Hits Record
- Koreans bought a net $5 billion of foreign shares in January
- Koreans are ‘highly exposed’ to U.S. market risks: Goldman
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South Korean traders piled into U.S. stocks like GameStop Corp. and Tesla Inc. in January, driving their buying of overseas equities to a record high in January.
Korean individual and institutional investors bought a net $5 billion of foreign stocks in January, their most-ever monthly tally since 2011, when the Korea Securities Depository began collecting data.