Core Viewpoint - The investment rating for Woori Financial Group Inc. has been downgraded to a Hold from a previous Buy due to changes in shareholder structure [1]. Group 1: Company Overview - Woori Financial Group Inc. is listed on both NYSE and KOSDAQ, with the ticker symbol WF and 316140:KS respectively [1]. - The company is part of a research service focused on value investing in Asia, particularly targeting stocks with significant discrepancies between market price and intrinsic value [1][2]. Group 2: Investment Strategy - The investment strategy emphasizes deep value balance sheet bargains, such as net cash stocks and low price-to-book (P/B) stocks, as well as wide moat stocks that represent high-quality businesses [1][2]. - The research service provides monthly updates and watch lists for value investors seeking opportunities in the Asian market, especially in Hong Kong [2].
Woori Financial: Spotlight Is On Deal Approval And Capital Adequacy (Rating Downgrade)