[FTNN News] Reporter: Chuang Huiru / Comprehensive Report Global investment institutions are refocusing on the Asian markets, with renowned foreign investment bank Goldman Sachs issuing a positive overview of the stock markets in Taiwan and South Korea in its latest report. The investment rating for Taiwan stocks has been raised from "reduce" to "neutral," and it is expected that the weighted index will challenge the 23,500 point mark within the next year; meanwhile, the South Korean stock market has been upgraded directly to "overweight," indicating that funds are quietly flowing back into the Asian stock market.

Timothy Moe, the Chief Asia Strategist at Goldman Sachs, pointed out in his report released on June 7 that South Korea's new President Lee Jae-myung has demonstrated a strong attitude in supporting the economy, with policies that exceed market expectations. Goldman Sachs believes that with the ruling party controlling both Congress and the government, South Korea is likely to rapidly promote capital market reforms and enhance the Value Up plan, further improving corporate governance and addressing the long-standing valuation discount issues of Korean stocks. Consequently, Goldman has raised its target for the South Korean KOSPI index from 2,900 points to 3,100 points. This news has boosted market confidence, leading to a 1.9% surge in the KOSPI index on the 9th, closing at 2,864.60 points.

On the Taiwanese side, Goldman has upgraded the rating for Taiwan stocks from "reduce" to "neutral," and adjusted the 12-month target for the weighted index from 22,500 points to 23,500 points. The report indicates that Taiwan's strategic position in the global supply chain remains solid, with AI, semiconductors, and high-tech manufacturing continuing to support market momentum. On the 9th, Taiwan stocks rose by 0.5%, closing at 21,772.57 points, leaving room for further upward movement towards Goldman’s forecast target.

In order to further focus on capital efficiency, Goldman has also simultaneously adjusted the allocation in the Southeast Asian market, downgrading Singapore's rating to "neutral," and Indonesia to "reduce," reallocating more resources to focus on Taiwan and South Korea. This report reveals the subtle shift in international capital flow, with renewed focus on Taiwanese and Korean stocks in Asia, especially driven by positive reforms in the Korean stock market and Taiwan's AI themes, capital is expected to continue pouring in, igniting the potential for the next growth wave.