Shares of Coupang Inc. $CPNG, the largest e-commerce company in South Korea, surged following the company’s success in exceeding quarterly profit expectations. This shift highlights the significant importance of financial results for investors and the market at large.
Shares of South Korea's $000660.KS have seen an impressive rise of 26% this year, driven by the growing demand for artificial intelligence (AI) technologies. However, despite this growth, threats are emerging on the horizon, related to political instability and company valuations. This situation is shifting local investors' focus towards companies that are more domestically oriented.