According to a survey conducted in South Korea in December 2020, about half of the millionaires and semi-rich people surveyed said they had invested more in stocks following the outbreak of the COVID-19 pandemic. Only 18 percent of respondents stated that this was not the case.
Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020
*700 millionaires and 1,400 semi-rich individuals.
Millionaires are defined here as individuals who conduct transactions with domestic banks and have financial assets of one billion South Korean won or more.
Semi-rich individuals are defined here as people who conduct transactions with domestic banks and have financial assets of 100 million South Korean won or more.
1,000 South Korean won equals 0.83 U.S. dollars or 0.74 euros as of March 2022.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Hana Institute of Finance. (March 8, 2021). Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/
Hana Institute of Finance. "Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020." Chart. March 8, 2021. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/
Hana Institute of Finance. (2021). Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/
Hana Institute of Finance. "Changes in Stock Investment Behavior of Millionaires after The Outbreak of Covid-19 in South Korean in 2020." Statista, Statista Inc., 8 Mar 2021, https://www.statista.com/statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/
Hana Institute of Finance, Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020 Statista, https://www.statista.com/statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/ (last visited December 30, 2024)
Changes in stock investment behavior of millionaires after the outbreak of COVID-19 in South Korean in 2020 [Graph], Hana Institute of Finance, March 8, 2021. [Online]. Available: https://www.statista.com/statistics/1296519/south-korea-stock-investment-behavior-of-millionaires-after-covid-19/
