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Despite multiple policies to boost the stock market, South Korean individual investors still love to buy US stocks.
South Korean retail investors have bought about $9 billion worth of US stocks so far this year, while selling about $11.9 billion worth of Korean stocks during the same period, setting a new record. In order to stimulate the economy and boost the stock market, the South Korean government has announced a series of proposed tax relief measures this year, but retail investors in South Korea are not buying it.