South Korea's Wealth Surges 44% as AI Chip Bonuses Reshape Private Banking
South Korea's AI chip boom could be creating a major new opportunity for the country's wealth managers, as average wealth per adult has surged 44% since 2020, the fastest pace globally, according to UBS. Samsung Electronics (SSNLF) and SK Hynix (HXSCL), which supply about 80% of the world's high-bandwidth…
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