Korea stocks to gain from negative rates, says Samsung
The country will see a surge in stock market liquidity and a property market recovery as a result of negative interest rates and increased bank lending, says Jason Yu, head of research at Samsung Securities. He is also positive on the consumer, technology and financial sectors.
The continuation of negative interest rates in South Korea in 2011 will push more liquidity into the country’s stock and property markets, says Jason Yu, head of research at Samsung Securities.
Samsung, which was named South Korea’s top domestic securities house in Asiamoney’s
Brokers Poll, also expects loan
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