【South Korean individual investors have recently reduced their investments in large American tech stocks and shifted towards cryptocurrency-related stocks】 According to Golden Finance, South Korean individual investors have recently decreased their investments in large American tech stocks and increased their purchases of cryptocurrency-related stocks. A report released by the International Financial Center on August 11 pointed out that with the passage of the U.S. (Genius Act), there has been an increase in investments related to stablecoins. From January to April of this year, South Korean individual investors had an average monthly net purchase of $3.8 billion in overseas stocks, but in May and June, they turned into net sales of $1.29 billion and $390 million, respectively. In July, individual investors net bought $490 million again, but the buying momentum weakened. The report also noted that since June, the South Korean stock market has outperformed overseas markets such as the U.S., and the Korean won has also shown strength, leading individual investors to return to the domestic stock market. The proportion of cryptocurrency-related stocks among the top 50 net purchased stocks by individual investors rose from 8.5% in January to 36.5% in June and 31.4% in July.