KOSE:A004170Multiline Retail
3 South Korean Retail Stocks With Luxury Demand And Rate Risk
Massive performance bonuses in South Korea’s chip industry are putting fresh cash into the pockets of SK Hynix and Samsung Electronics workers, and much of that money is already being aimed at high-end shopping districts and department stores. At the same time, the Bank of Korea is flagging the risk that stronger wage growth and above-target 2.7% inflation could lead to tighter policy. For investors, that mix of rising premium spending and potential rate pressure creates a very specific set...