South Korea's plan to boost stock market disappoints investors

TOKYO โ€“ South Korea's financial regulator's new plan to shore up the stock market has disappointed investors hoping for more concrete changes.

The first part of the long-awaited initiative, announced on February 26, failed to address the root cause of the "Korea discount" phenomenon of relatively low valuations: a high inheritance tax that incentivizes large family conglomerates to hold stock prices. low.


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