Real test behind market surge
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For decades, Korea’s stock market was synonymous with untapped potential. Home to some of the world’s most competitive manufacturers and tech firms, the country nevertheless remained trapped beneath what became known as the “Korea discount” — a chronic undervaluation driven not by weak corporate capability, but by structural flaws in the market itself. Unpredictable regulation, inconsistent policies, opaque corporate governance and weak shareholder protections long discouraged global investors f
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