This is south Korea

  Evening skyline of Yeouido , Seoul, the heart of Korea's financial industry Introduction: Dear readers, Welcome. Today, I’d like to take you on a journey through the South Korean stock market—its history, current dynamics, and where it may be headed. For those familiar with capital markets in the U.S. and other developed countries, the Korean market might seem unfamiliar. Yet, its development and distinct characteristics offer important insights within the broader global economy. A Late Start, But Rapid Growth The Korean stock market officially began in 1956 with the establishment of the Korea Stock Exchange . This is considerably later than the New York Stock Exchange , which opened in 1792. Despite the late start, the Korean market has seen rapid development over the past several decades. The “Box Range” Dilemma However, the market still faces several structural challenges. One of the most notable issues is the so-called “ box range ” phenomenon. For years, the KOSPI (...