Deep Tide TechFlow update: On July 28, according to data provided by asset management firm Rayliant, the 60-day correlation between South Korea’s composite KOSPI index and the Nasdaq 100 has recently risen to around 0.50, the highest level since 2021.



Market participants warn that this tighter relationship also brings risks, because the rise in the correlation between the two erodes the diversification and risk-hedging effects that investors traditionally sought by holding U.S. and South Korean stocks. (China Finance Network)
NAS100-1.64%
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