'Volatility Ahead' in Korean Tech Stocks: SC’s Brice
AI Summary
Steve Brice, Chief Investment Officer at Standard Chartered, warns of potential volatility in Korean tech stocks due to high valuations. Despite the risks, he maintains an optimistic long-term outlook for the AI-focused tech sector in South Korea.
Steve Brice, Standard Chartered CIO, says high Kospi valuations represent a possible risk factor for a correction. However, he adds that the long-term outlook for the market's AI-exposed tech sector remains positive and that he would be inclined to buy the dip in the case of a fall. (Source: Bloomberg)