Why Wall Street Giants (Goldman Sachs, JPMorgan) Are Rushing to Upgrade South Korea's KOSPI
In 2026, the South Korean stock market (KOSPI) has undoubtedly emerged as the hottest growth story in the global asset market. Recently, Goldman Sachs aggressively raised its 12-month KOSPI target to a staggering 9,000 points (up from its previous 8,000 target). Concurrently, JPMorgan released a highly bullish outlook, projecting the benchmark index to comfortably surge into the 7,500 to 8,000 range. How did the Korean market, once notoriously shackled by the "Korea Discount," suddenly transform into Wall Street’s absolute "Top Pick" in Asia? Here is an in-depth analysis of the three core reasons why global institutional capital is aggressively pouring into South Korean equities. 1. The Strongest Earnings Growth Since 1999 The primary reason Goldman Sachs labeled South Korea as its "Highest-Conviction" equity market in Asia lies in its explosive and unprecedented corporate earnings growth . According to Goldman Sachs Research, South Korean corporate e...