The National Pension Service of South Korea reported significant gains from its investments in U.S. big tech companies, obtaining a valuation profit of 43 trillion won last year.
The National Pension Service (NPS) of South Korea has announced that it achieved a valuation profit of 43 trillion won from its bold investments in U.S. big tech companies over the past year. According to a report submitted to the U.S. Securities and Exchange Commission (SEC), the NPS had investments in 561 publicly traded companies in the U.S. as of the end of the previous year. The value of its U.S. stock holdings increased from approximately 128.77 billion dollars at the end of the third quarter to about 135.07 billion dollars by the end of the year, marking a significant growth of 4.89% or about 9.2 trillion won.
