Netflix darling stocks rise as South Korea election, tariff haven bets


Netflix Inc. blockbuster Squid Game sent investors looking for the next big Korean hit a few years ago. - Netflix

SEOUL: South Korean entertainment stocks rose Friday (April 18) after the nation’s presidential front-runner pledged greater support for cultural exports and government incentives for the industry.

K-culture shares are getting fresh attention on the election as well as their relative insulation from tariff concerns. The sector got a boost a few years ago as the Netflix Inc. blockbuster Squid Game sent investors looking for the next big Korean hit, though that charm had started to wear off.

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