JPMorgan Raises Kospi Target to 15,000 on AI Hardware Optimism

According to JPMorgan Chase strategists, the firm recently raised its target for South Korea's Kospi index (South Korea's benchmark equity index) to 15,000 points under a bull-case scenario. The bank recommends adding on dips while maintaining its highest overweight position on South Korean equities. JPMorgan cited its constructive views on artificial intelligence and related hardware companies' earnings as key drivers for the outlook.
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