South Korea Is Over Being Called An 'Emerging Market'
Big Take
00:00
The Benefits of South Korea's Stock Market Upgrade
South Korea accounts for about 12% of the current emerging market benchmark. If it gets upgraded, it will be just 1 or 2% of the developed market benchmark. So that means a lot of smaller or medium-sized companies will see foreign investors selling their stocks. The big company, the biggest one in Samsung, is the biggest ones in Samsung's market index. Those companies will likely to see more foreign investors buying their stocks.
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Transcript
