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Korea's Wealthy Are Rapidly Shifting Their Money From Real Estate to Stocks, Gold, and Coins.
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Analysis of the asset portfolios of the wealthy in South Korea. The top asset among those with financial assets of over KRW 1 billion is housing, but a wait-and-see attitude is evident due to real estate regulations. They are increasing their cash, stocks, and virtual assets. They hold six domestic and five foreign stocks, and many are in semiconductor, AI, and defense stocks. They are also heavily invested in the US and China.
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