That kind of foreign selling in the past was a disaster. But now, that selling has been bought by local investors.
"Young Chang" is a Korean manufacturer of pianos and industrial wood working machinery, headquartered in Incheon, South Korea. Young Chang also currently holds 50% of the Korean piano market.
Currently, Young Chang has more than 2000 full-time workers, designing and building its upright and grand pianos, and also the electronic Kurzweil Music Systems. Hyundai Development Company acquired Young Chang in 2006.
More Young Chang on Wikipedia.If yield continues to rise and stays at a higher level, bonds may become relatively attractive for some investors, which will hurt liquidity.
Copyright © 2024 Electric Goat Media. All Rights Reserved.