60% of Korean Overseas Stock Buyers Intend to Increase Investment in Foreign Stocks

Morea than 60 percent of Korean investors in foreign stocks are willing to increase their investment in stocks of overseas companies in the future, a recent survey has found.

The survey was conducted by Samsung Securities Co. on 571 customers who attended its overseas stock seminars held at its branches all over the country on Sept. 12.

According to the survey, 31.1 percent of the respondents said they would maintain the current level of investment, while only 8.2 percent said they would reduce their investment.

An official from Samsung Securities said, “52.6 percent of the respondents said they would increase the share of overseas stocks in their total financial assets up to 30 percent in the future. In other words, they think that diversified overseas investment is an important axis of investment.”

According to the survey, 40.4 percent of the respondents chose the United States as the most promising investment regions in the future, followed by Asian emerging countries, including Vietnam, with 28.3 percent and China, which is in a trade dispute with the US, with 21.7 percent.

Moreover, 37 percent of the respondents said a future growth story of a company is the most important factor to decide on what company to invest in. It shows that they have strong expectations for seeking growth assets to improve their investment earnings rates.

For the most interesting current issue in global investment, 32.8 percent of the respondents picked the trade dispute between the US and China, while 32.1 percent chose the aspect of the industrial change related to the Fourth Industrial Revolution.