South Korean stock market sees record surge as global funds accelerate exit

Glonghui, May 14｜According to market sources, despite the continued rise and repeated record highs of the Korean stock market driven by domestic capital inflows and the artificial intelligence boom, foreign investors are continuing to reduce their holdings of Korean stocks. Data shows that since May, the net amount of Korean stocks sold by foreign investors has reached 11.5 billion US dollars, likely to mark the third-largest monthly outflow in history, second only to the unprecedented capital outflows seen in February and March of this year.