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Jeong Eun-bo Says Funds Are Moving to Stocks, May Top Real Estate in 20 Years

Published: · Source: hankyung.com

Jeong Eun-bo Says Funds Are Moving to Stocks, May Top Real Estate in 20 Years
TL;DR: Jeong Eun-bo told Hankyung that money is flowing into the stock market and projected that stocks could surpass real estate in 20 years.
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Jeong Eun-bo said in a Hankyung report that the flow of money is shifting toward the stock market. He pointed to investor funds moving into equities and suggested that the role of the capital market could grow over the long term. His key remark was that “money is flowing into the stock market, and in 20 years it will surpass real estate.” The comment signals the possibility that Korea’s asset allocation, long centered on real estate, may gradually move toward stocks. However, within the reported remarks, no specific figures or policy direction were confirmed. Source: hankyung.com

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