[Foreign Investors Net Sell Nearly $110 Billion in South Korean Stocks This Year, Increasing Pressure on Retail Investors] Odaily Planet Daily News: Since the beginning of this year, foreign investors have cumulatively withdrawn nearly $110 billion from the South Korean stock market, marking a historic high. The primary reason is to avoid imbalances in their portfolio allocations caused by the rapid rise of the South Korean stock market. This has left domestic retail investors in South Korea to take on the majority of the buying pressure. After purchasing 42.4 trillion won in June, South Korean retail investors have already net bought 13.2 trillion won worth of KOSPI stocks this month. As of July 14, the margin balance used by retail investors for KOSPI stock investments stood at 28 trillion won, with a record high of 29.8 trillion won reached on June 24. Alexander Redman, Chief Equity Strategist at CLSA, stated: 'South Korea remains the market with the highest overweight allocation in our portfolio, but I have started to reduce positions. What concerns me is that the market is currently dominated by retail investors, as they are heavily utilizing margin trading.' (Jin10)