Soros Willing to Invest in Korea

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Soros Willing to Invest in Korea

George Soros, chairman of the Quantum Fund, announced that he is willing to invest in the Korea Housing & Commercial Bank.
According to the Ministry of Finance and Economy on October 7, Chairman Soros stated his intention to Finance Minister Lee Kyu Sung, , who is now attending the annual general meeting of the IMF and the IBRD being held in Washington D.C., of investing in the Korean Bank. Soros did not elaborate on the details.
In the meeting with the minister, Mr. Soros asked about the current situation relating to foreign investments in Korea, especially regarding investment toward the telecommunication industry.
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