Korea Plans State Power Merger as Foreign Investors Dump ₩26 Trillion Amid ‘Buy Korea’ Push
South Korea plans to merge five state-owned power companies into ‘Korea Power’ by October 2027, reversing a 26-year competition reform
Key points
- South Korea to merge 5 state power companies into ‘Korea Power’ by Oct 2027, reversing 26-year competition reform
- Foreign investors sold ₩26T in Korean stocks over 3 weeks of government’s ‘Buy Korea’ campaign as macro headwinds persist
- Watch KOSPI foreign flow data and US BigTech AI earnings for signs of ‘Sell Korea’ dynamic reversal
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🇰🇷 South Korea General Economic Data energy financials fii-dii bear-market restructuring korea