Government Touts ‘KOSPI 8,000,’ but State-Owned Firms’ Share Prices Slip

Even in the so-called “KOSPI 8,000 era,” listed state-owned enterprises (SOEs) that are supposed to underpin the nation’s critical industries have little to cheer about. While the government highlights a “Korea premium” as proof of the success of its capital-market policies, the share prices of thes