Undervalued Korean Stocks to Get $8.2 Billion Boost from National Pension Service
Seoul, South Korea – South Korea’s National Pension Service (NPS), known as the world’s third-largest pension fund, is gearing up to inject up to 11 trillion won ($8.2 billion) into undervalued Korean stocks. This move comes as part of a broader initiative by the government to elevate the country’s sluggish stock market. According to sources within the investment banking industry, discussions are underway between the Korea Exchange (KRX) and NPS to establish a new index …