In today’s briefing:
- Clear Recent Outperformance of Korean Preferred Vs. Common Shares
Clear Recent Outperformance of Korean Preferred Vs. Common Shares
- In this insight, we provide reasoning behind the clear recent outperformance of Korean preferred shares versus common shares.
- Among the 10 pairs, nine of them have preferred shares outperforming common shares in the past five days.
- One of the main reasons why the preferred shares have recently outperformed their common counterparts is because of the expectation of the higher probability of lowering tax on dividends.
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