Will the ‘Korea Discount’ for Stocks Finally Disappear?

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Will the ‘Korea Discount’ for Stocks Finally Disappear?
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Heard on the Street: A significant buying opportunity in Asia—for longer-term investors—could be hiding in plain sight

More little dramas are unfolding across South Korean boardrooms as activist investors become more assertive after a long period of somnolence. That could help boost the country’s stocks, which have long traded at a discount to other markets—despite a roster that includes some of the largest and most important technology companies in the world.

A few proposals from activist investors will be put to a vote this week as Korean companies hold their annual shareholder meetings.

 

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