Stocks surge in South Korea on hopes of renewed inter-Korean projects



News Stocks surge in South Korea on hopes of renewed inter-Korean projects Some firms linked to tourism and manufacturing in DPRK see double-digit growth following news of reconnected hotlines Bryan Betts July 27, 2021 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON Joint Photo Press Corps \| The SK Apparel unit at the Kaesong Industrial Complex in Sept. 2013 The stock prices of several major companies linked to inter-Korean projects increased sharply on Tuesday following the news that North and South Korea had reestablished key communication channels. Investors appeared to eye the possibility of new construction and tourism opportunities stemming from increased inter-Korean economic cooperation, which has been practically dormant since Seoul-Pyongyang ties soured in 2019. The stock prices of several major companies linked to inter-Korean projects increased sharply on Tuesday following the news that North and South Korea had reestablished key communication channels. Investors appeared to eye the possibility of new construction and tourism opportunities stemming from increased inter-Korean economic cooperation, which has been practically dormant since Seoul-Pyongyang ties soured in 2019. Become a member for less than $4 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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Stocks surge in South Korea on hopes of renewed inter-Korean projects

Some firms linked to tourism and manufacturing in DPRK see double-digit growth following news of reconnected hotlines

Bryan Betts July 27, 2021

Stocks surge in South Korea on hopes of renewed inter-Korean projects

Joint Photo Press Corps | The SK Apparel unit at the Kaesong Industrial Complex in Sept. 2013

The stock prices of several major companies linked to inter-Korean projects increased sharply on Tuesday following the news that North and South Korea had reestablished key communication channels.

Investors appeared to eye the possibility of new construction and tourism opportunities stemming from increased inter-Korean economic cooperation, which has been practically dormant since Seoul-Pyongyang ties soured in 2019.

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