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  • Foreign Holding of Samsung Falls to Six-Year Low on Korea Exodus

Foreign Holding of Samsung Falls to Six-Year Low on Korea Exodus

  • labmdeorg
  • July 1, 2022
  • Technology
Foreign Holding of Samsung Falls to Six-Year Low on Korea Exodus

Concerns of slowing growth have driven an exodus of foreign funds from South Korean equities, cutting overseas ownership of the nation’s largest stock Samsung Electronics Co. to a six-year low.

Foreign holdings of Samsung, the world’s largest memory chipmaker, fell last week to the lowest level since April 2016. It’s dropped below 50% from over 58% in July 2019.

labmdeorg

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