The Korea Times close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Business
  • Tech
  • Bio
  • Companies
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
Entertainment
& Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
Sports
World
  • SCMP
  • Asia
Video
  • Culture
  • People
  • News
Photos
  • Photo News
  • Darkroom
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
Mon, August 15, 2022 | 09:05
Economy
China, Japan investment in S. Korea top record last year
Posted : 2015-02-16 11:39
Updated : 2015-02-16 11:39
Print Preview
Font Size Up
Font Size Down
Chinese and Japanese investments in South Korea more than doubled on-year to an all-time high last year, data showed Monday, as investors from the neighboring countries increased purchases of local stocks and bonds.

Last year's outstanding investment in Asia's fourth-largest economy by Japanese and Chinese investors amounted to a combined 7.38 trillion won (US$6.73 billion), rising by more than twofold compared to 3.54 trillion won in the previous year, according to data compiled by the Financial Supervisory Service.

The data covers foreign investment in the local securities market as well as in bonds.

The figure is the highest since the financial watchdog first began collecting such data in 2009. The previous record came in 2010, when the number reached 6.66 trillion won.

The rise has much to do with rapid economic growth in China as well as the quantitative easing in Japan, according to market watchers.

"The influx of capital seems to have come about as China is pushing to diversify its foreign exchange reserves and as Japan is continuing its quantitative easing policies," a market official said.

"Especially for investors from China, it is very likely that investments will spill over into real estate or venture capital down the road."

In the South Korean stock market, the overall net purchase by foreign investors stood at 6.29 trillion won last year, of which those from Japan were the second-largest at 3.2 trillion won, followed by Chinese investors with 2 trillion won, data showed. U.S. investors scooped up a net 3.83 trillion won to take up the highest portion.

Chinese investors bought a net 2.2 trillion won worth of South Korean bonds to rank in first place last year, while it came in at No. 2 in terms of bond holdings, trailing the United States, according to the data. (Yonhap)

 
LG
  • Korean blockchain operators urged to enhance vigilance against accidents
  • Yoon set to unveil 'audacious plan' for North Korea's denuclearization
  • City goes into festival mode during Seoul Festa
  • More tourists opt to visit Jeju Island by ferry
  • Fears of lengthy COVID-19 resurgence loom large
  • Traveling on the Han River in the 19th Century: Part 2
  • Seoul E-Prix thrills racing fans in Korea
  • Will Samsung heir be promoted to chairman?
  • Ex-USFK commander rejects China's claims over THAAD
  • KOICA seeks support for Busan's bid to host World Expo
  • Interactive News
  • With tough love,
  • 'Santa dogs' help rebuild burnt forests in Andong
  • 'Santa dogs' help rebuild burnt forests in Andong
  • A tale of natural wine
    • Death of young webtoon artist sparks controversy over harsh working conditions Death of young webtoon artist sparks controversy over harsh working conditions
    • Reality shows go abroad again amid eased COVID-19 travel restrictions Reality shows go abroad again amid eased COVID-19 travel restrictions
    • Late Samsung chairman's collection highlights painter Lee Jung-seop as family man Late Samsung chairman's collection highlights painter Lee Jung-seop as family man
    • From P1Harmony to Zico, K-pop hotshots to perform in Abu Dhabi next month From P1Harmony to Zico, K-pop hotshots to perform in Abu Dhabi next month
    • [INTERVIEW] Actor Ko Kyoung-pyo explains why he doesn't obsess over lead roles [INTERVIEW] Actor Ko Kyoung-pyo explains why he doesn't obsess over lead roles
    DARKROOM
    • Ice is melting, land is burning

      Ice is melting, land is burning

    • Tottenham 6-3 Team K League

      Tottenham 6-3 Team K League

    • Afghanistan earthquake killed more than 1,000

      Afghanistan earthquake killed more than 1,000

    • Divided America reacts to overturn of Roe vs. Wade

      Divided America reacts to overturn of Roe vs. Wade

    • Namaste: Yogis to celebrate International Yoga Day

      Namaste: Yogis to celebrate International Yoga Day

    The Korea Times
    CEO & Publisher : Oh Young-jin
    Digital News Email : webmaster@koreatimes.co.kr
    Tel : 02-724-2114
    Online newspaper registration No : 서울,아52844
    Date of registration : 2020.02.05
    Masthead : The Korea Times
    Copyright © koreatimes.co.kr. All rights reserved.
    • About Us
    • Introduction
    • History
    • Location
    • Media Kit
    • Contact Us
    • Products & Service
    • Subscribe
    • E-paper
    • Mobile Service
    • RSS Service
    • Content Sales
    • Policy
    • Privacy Statement
    • Terms of Service
    • 고충처리인
    • Youth Protection Policy
    • Code of Ethics
    • Copyright Policy
    • Family Site
    • Hankook Ilbo
    • Dongwha Group