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Innovation Required for Market Growth Korean stock market experts argue that reaching KOSPI 5000 requires emergence of new star companies rather than relying solely on existing large corporations. The analysis suggests that innovative startups in AI, biotech, and battery sectors must drive future growth. Original: https://trendy.storydot.kr/economy/kospi-5000-needs-star-companies

Historic Bull Run Continues in Korean Stock Market The Korean stock market continues its remarkable rally, with the KOSPI index setting another record high on July 2nd. The benchmark index has achieved its strongest performance in 26 years, marking a significant milestone in Korean financial market history. Holding company-related stocks led the surge amid growing expectations for commercial law amendments. Unprecedented Growth Since 1999 This year's KOSPI performance represents the most robust growth since 1999, creating optimism across the investment community. Securities firms are projecting that the index could potentially reach 4,000 points before year-end, driven by strong government support for equity market development. The surge reflects investor confidence in President Lee Jae-myung's market-friendly policies and economic reform agenda. The administration's commitment to promoting stocks as an alternative to r...

Breaking with Traditional Investment Patterns South Korean President Lee Jae-myung announced a significant policy shift during a cabinet meeting on July 2nd, positioning stock market investment as a viable alternative to real estate investment. "The core of capitalist market economy is the stock market," President Lee declared, "We will develop stocks as an investment instrument comparable to real estate." This statement represents a fundamental departure from Korea's traditional real estate-centric investment culture, where approximately 75% of household assets are tied to property – significantly higher than most developed nations. The president's remarks signal the government's strong commitment to redirecting capital flows from real estate to equity markets. Government's Strategic Vision for Economic Transformation President Lee emphasized the government's determination to provide safe an...