Globe Exchange January 2 | According to the Financial Times of the United Kingdom, retail investors from South Korea are flocking to the USA stock market, betting that the US stock market will continue to rise during Trump's second term as president, while feeling frustrated with the poor performance of the South Korean stock market for many years. According to data from the Korea Securities Depository, by the end of 2024, South Korean investors will hold a record $112.1 billion in US stocks, a 65% year-on-year increase. This stands in stark contrast to their net sell-off of 5.4 trillion won (approximately $3.6 billion) in South Korea's KOSPI index stocks during the same year. Tesla is the most popular overseas stock held by South Korean investors, with a total of $24.5 billion worth of Tesla stocks held by individual investors in South Korea as of last month, followed by NVIDIA ($12.1 billion), Apple ($4.9 billion), and Microsoft ($3.2 billion). Namuh Rhee, head of the South Korean Corporate Governance Forum, stated, "This shift highlights their disappointment with the local stock market due to poor shareholder returns." "Unless something dramatic happens, this trend is likely to continue."