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Strategist: The impact of the South Korean incident may spread to external markets
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2024-12-04 00:02 4,809
Golden Finance reported that Capital Economics strategist Gareth Lesser commented on the sudden political incident in South Korea, saying, "This is really unexpected. It is not clear what the purpose of martial law is. This reminds people that South Korea's politics The system is not as stable as many think. "While the domestic market has yet to react, the country's largest stocks such as Samsung Electronics, SK Hynix, LG Energy Solutions, and Hyundai Motor and Kia are sure to be affected in the coming days. focus on. The potential damage could spread beyond South Korea. The country's electronics companies are major players in the global battery industry. LG and SK Innovation are the world's third- and fifth-largest EV battery makers, with market shares of 16% and 6% respectively last year, according to EV-volumes.com.
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