Dalton’s Korean specialist James Lim was quoted in Bloomberg’s article on South Korea’s recently announced plan to boost corporate value (aiming to follow the major reforms in Japan). While investors were generally disappointed in the lack of concrete details in the plan, at Dalton Investments, we feel that the signal given by the launch of the plan is an important positive step. If reforms begin in earnest in Korea, we may see a truly compelling return opportunity in the country’s deeply discounted stock market. Read the article here.
