Despite all the talk of reform in South Korea, analysts say it's hard to describe the Korea Stock Exchange's bull run as restructuring-driven. Stock prices have risen on the back of rebounding confidence and surging liquidity. But analysts say investors looking for long-term value should be searching for companies that are getting the restructuring message. By Charles S. Lee. Many Asian banks are struggling to clean up their balance sheets and have trouble raising capital, but in recent months their share prices have soared.
Analysts say some still have room to grow.
Most attractive are banks that have focused their operations on high-growth businesses and those that are big enough to use opportunities provided by the financial crisis to buy smaller banks and build a regional presence. By Rena Miller. With Asian technology-manufacturing stocks inducing investor vertigo, it's getting tougher to pick the winners. Recent signals in the market have been good, but analysts say it may be time to tread carefully. By Charles Bickers.