Hong Kong, China And Japanese Stock Markets

According to Savero, the Securities Information Portal of the Korea Securities Depository on the 25th, the trading value of the US stock market by domestic investors this year was 169 billion dollars (about 186 trillion won), a whopping 447% increase from the previous year. The trading value of the Hong Kong, China, and Japanese stock markets also increased significantly.

The trading value of the Hong Kong stock market increased 153% compared to the previous year, and the trading value of the Chinese market increased 83%. The trading value of the Japanese stock market also increased 57% compared to the previous year.

In particular, investors bought large US and Chinese technology stocks such as FAANG (Facebook, Amazon, Apple, Netflix, Google). This year, domestic investors ranked second and third in net purchases of Apple and Amazon, respectively, in addition to Tesla in the US stock market.

Domestic investors continued to invest in technology stocks in Hong Kong. Alibaba Group Holdings was the second most net bought by domestic investors in the Hong Kong stock market. Tencent, which is in the online video service (OTT) and game business, took the 6th place. DB Financial Investment Researcher Kim Sun-young said about Chinese technology stocks, “If there is no regulation, it could be hit, but it is not bad in the long run because there are many derivative industries and related workers, and there is no part of the company’s own fundamentals.”

Some analysts say that it is worth considering investment in technology stocks from emerging countries outside of China. This is because technology penetration can occur faster in these countries.

The Argentine e-commerce company, Mercado Libre, is a prime example. According to Meritz Securities, the e-commerce market in Latin America is growing at 37% this year. Accordingly, the growth of Mercado Libre, which quickly dominated the market, was remarkable. Mercado Libre’s stock price has more than tripled this year.