Korean stock market foreign investors can’t touch! A Korean analyst warns: KOSDAQ has long been infamous for swallowing retail investors’ money
Citrini Research’s Korean analyst Jukan warns foreign investors not to easily move into KOSDAQ, citing insufficient information and research coverage, as well as the market’s tendency to see speculation driven by pre-positioned buying and pump-and-dump distribution. KOSDAQ is dominated by mid- and small-cap technology stocks with high volatility; without local research capabilities and language proficiency, foreign capital may end up becoming the bag holder for retail investors’ funds.
ChainNewsAbmedia·05-02 06:15
