Shine fades for China firms on Korea’s bourse
Chinese firms are getting a bad rap as the China-Korea economic relationship remains tense
Book-keeping scandals tied to several Chinese companies listed on Korea’s stock exchange are giving a bad reputation to other China-based firms.
Share prices of Chinese equities are being pushed down across the board on the Kospi and the secondary Kosdaq boards.
Korea JoongAng Daily reports that local analysts are talking about the “China discount” on stocks and even “China phobia.”