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Odaily Planet Daily reported that global investors have consistently undervalued South Korea compared to other markets, due to tensions with North Korea and the tight structure of South Korean conglomerates - the political situation this week has given them reason to further underestimate South Korea. For investors, the martial law incident reminds them of the reasons why the South Korean stock market and the Korean won have lagged behind the global market in recent months. Daniel Tan, portfolio manager at Grasshopper Asset Management in Singapore, said, "In the long run, the martial law event will exacerbate the 'Korean discount', which means the risk premium for trading Korean related assets, stocks, foreign exchange, and bonds will increase. Investors investing in the Korean won and Korean stock market require higher risk premiums