President Lee Orders Fast-Track Inheritance Tax Reform; Nearly 50% of Korean Listed Firms Trade Below 0.8x PBR

According to Herald Economy, South Korean President Lee Jae-myung recently ordered acceleration of the inheritance and gift tax reform bill, designed to prevent stock price suppression. Data shows companies trading below 0.8x price-to-book (PBR) ratio now comprise nearly half of all South Korean-listed firms. Securities analysts expect selective focus on profitable companies with strong shareholder return capacity.
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