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Analyst: Korean stocks being dumped gave an opportunity to Buy the Dips
Golden Ten data on December 4th, LorraineTan, the Asia stock research director of Morningstar, said that the sell-off in the South Korean stock market has brought about the opportunity to Buy the Dips, highlighting the political risks and leadership issues in South Korea. We have not changed our fair value assessment of the South Korean companies we cover because we believe it is just a short-term event. We see the stock price weakness as a selective buying opportunity, especially considering that SK Hynix benefits from the demand for AI-related servers.