News Snapshot:
Chinese stocks have now replaced Tesla shares as an increasingly popular choice for South Korean retail investors. For example, Tianqi Lithium, one of the largest producers of lithium compounds used in electric-vehicle batteries. Chinese analysts said on Tuesday that the overall trend behind the trading choices of South Korean investors showed the growing attractiveness of Chinese stocks on the back of the country’s promising economy. Tianqi Lithium has topped foreign stocks list favored by South Korean retail investors, with “net purchases amounting to $152.29 million during the past month,” Korea Bizwire reported on August 16. South Korean investors have sold...
