South Korea: Tech-led strain and shifting flows – BNY
The post South Korea: Tech-led strain and shifting flows – BNY appeared on BitcoinEthereumNews.com. BNY’s Geoff Yu highlights that institutional investors are exiting South Korean equities, contributing to the KOSPI’s brief bear-market move, while retail buyers still support the market. He notes concerns over AI and semiconductor concentration, questions the sustainability of retail support, and contrasts South Korea with more measured liquidation in Taiwan and ongoing interest in Chinese equities. Institutional selling pressures KOSPI “iFlow data suggest institutional investors are continuing to exit South Korean equities en masse, likely contributing to the KOSPI’s brief move into bear market territory overnight. Retail investors remain on the other side of the trade, but the market is increasingly questioning how sustainable that support is. Taiwanese equities have also benefited from the AI and semiconductor narrative, though liquidation there has been more measured in scale and pa