Tech Rout Leaves South Korean Stocks Twice as Cheap as Indonesia
South Korea has transformed from this year’s hottest major market into the world’s cheapest following a brutal tech selloff, with valuations falling to roughly half of Indonesia’s.
By Abhishek Vishnoi and Garfield Reynolds · Bloomberg Markets
South Korea has transformed from this year’s hottest major market into the world’s cheapest following a brutal tech selloff, with valuations falling to roughly half of Indonesia’s.