How US Investors Actually Play Korea — the Four Doors, and Why ‘You Can’t Buy It’ Is a Myth
Only about a dozen Korean companies trade as US ADRs — so most of Korea looks unbuyable from a US account. It isn’t.
Only about a dozen Korean companies trade as US ADRs — so most of Korea looks unbuyable from a US account. It isn’t.
Korea’s defense primes — Hanwha Aerospace, Hyundai Rotem, KAI — carry a combined order backlog past ₩111.9tn (~$76B), yet none trades as a US ADR.
Korea’s stock market swung −9%, +6%, −6% in four days, then the Bank of Korea hiked for the first time since 2023.