South Korean stocks have long been plagued by the 'Korea discount.' Tuesday's martial law crisis makes it even harder to shake off. [Business Insider]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
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Source: Business Insider
South Korean President Yoon announced martial law late on Tuesday, shocking markets. The Kospi Index slumped as much as 2.2% amid political turmoil and protests against Yoon's decision. South Korean President Yoon Suk Yeol is undoing one of his top goals: boosting the value of stocks. Late on Tuesday, Yoon — who has been under political pressure —declared martial law in a shock address, citing threats from "anti-state forces" and a need to counter North Korea. The stunning announcement triggered market losses in US-listed South Korean stocks and sent the country's currency to a two-year low. Hours later, Yoon reversed his decision on martial law amid protests in Seoul, but the immediate damage has been done. On Wednesday, South Korea's Kospi Index fell as much as 2.2% and was 1.4% lower at 3 p.m. local time. Shares of Samsung Electronics, South Korea's largest company, tumbled as much as 3% before paring losses. The Kospi is already the worst-performing major Asian stoc
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MFG
Sec Filings
- 12/1/25 - Form 6-K
- 11/28/25 - Form 6-K
- 11/14/25 - Form 6-K
- MFG's page on the SEC website