BlackRock Strategist ‘Definitely’ Likes Korean Stocks on AI
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BlackRock upgraded emerging-market stocks, citing South Korean equities as a key driver due to sharp earnings growth and semiconductor demand. The upgrade is partly attributed to artificial intelligence themes driving corporate profit expectations.
BlackRock upgraded emerging-market stocks, with South Korean equities being a key driver. The world's largest asset manager turned overweight on US and emerging-market shares, citing earnings upside. Corporate profit expectations have been climbing in 2026, partly due to artificial intelligence themes. South Korean stocks are seen as benefiting from sharp earnings growth and global semiconductor demand. BlackRock's move indicates a positive outlook for the region's equities.
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