【Korean Retail Investors Shift to U.S. Stocks, Tesla Becomes the Biggest Winner】 According to Golden Finance, as reported by the Financial Times, Korean retail investors are flocking to the U.S. stock market, betting that U.S. stocks will continue to rise during Trump's second term as President, while feeling frustrated with the poor performance of the Korean stock market over the years. According to data from the Korea Securities Depository, by the end of 2024, the value of U.S. stocks held by Korean investors reached a record $112.1 billion, a 65% year-on-year increase. This sharply contrasts with their net selling of 54 trillion won (approximately $3.6 billion) worth of Korean KOSPI index stocks in the same year. Tesla is the most popular overseas stock held by Korean investors, with individuals holding a total of $24.5 billion worth of Tesla shares as of last month, followed by NVIDIA ($12.1 billion), Apple ($4.9 billion), and Microsoft ($3.2 billion). Namuh Rhee, head of the Korean Corporate Governance Forum, stated, 'This shift highlights their disappointment with the local stock market due to poor shareholder returns.' 'Unless something dramatic happens, this trend is likely to continue.'