Chunky Samsung IPOs set to rejuvenate South Korean market
The South Korean IPO market is set for its biggest volume in years in 2014, thanks to two units of Samsung Group aiming to raise some $2.5bn before the end of December. The macro environment is a challenge and the Korea Stock Exchange Kospi Index has slid around 2% so far in 2014. But early signs suggest that the Samsung names will be a hit among investors — and could turn the market around, writes Rashmi Kumar.
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