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Goldman’s Timothy Moe says Kospi could rise 80%

Goldman Sachs strategist Timothy Moe stays bullish on South Korean shares, arguing investors underestimate how long AI boosts chipmakers. He projects the Kospi could still rise 80% from current levels and reiterates a 12,000 target.

KOSPI

Timothy Moe, the investment bank's chief Asia Pacific equity strategist, has maintained his target of 12,000 for the benchma…