Seoul-headquartered LG Energy Solution is preparing to go public on the Korea Exchange. While an official date has yet to be set, US investors can prepare by scoping out their international investment options. Here’s what we know so far — and how to buy in once LG Energy Solution launches.
LG Energy Solution will only be available on the Korea Exchange, which makes it more challenging for US investors to buy in. Challenging — but not impossible. Here are three ways to gain exposure to this battery maker’s stock.
One of the easiest ways to invest in South Korean stocks is to invest in exchange-traded funds (ETFs) with exposure to Asian markets. Keep your eye on ETFs that invest in South Korean stocks, including:
These funds won’t turn you into an LG Energy Solution shareholder per se — at least not directly. But you will gain exposure to South Korean stocks.
Another option for those interested in backing LG Energy Solution is purchasing an American Depositary Receipt (ADR). These are certificates that represent shares of international stock that can be bought from a domestic account — no international brokerage account required.
Now, not all foreign stock is available as an ADR, but given the press surrounding LG Energy Solution’s IPO, there’s a good chance it’ll be available as an ADR. To invest, you’ll need a domestic brokerage account.
An international brokerage account is the most direct way to invest in foreign stock. But most US platforms don’t offer them. And even those that do — like Interactive Brokers and Fidelity — don’t offer access to the South Korean markets.
Why? Well, South Korea places restrictions on foreign investors buying stock, which means that to invest, you’ll need to conduct your own research and fill out the appropriate paperwork. This option is best left to advanced investors who plan to invest in South Korean stocks on a regular basis and/or make high-dollar investments.
Bottom line: Investing internationally presents a unique opportunity but can be a hassle. If you’d prefer to invest in stocks that are more accessible, check out our top 5 buzzworthy IPO picks to watch.
LG Energy Solution is expected to go public, although it has not yet filed a viewable registration document with the US Securities and Exchange Commission (SEC).
The exact IPO date has not been announced. There's no news yet about how much the stock will cost when it goes public. We'll update this page with more information as it becomes available.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy LG Energy Solution stock.
See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Check out our picks of the best paper trading platforms to practice trading and investing with fake money.
These are the best day trading platforms, according to Finder’s comprehensive analysis.
These are the best trading platforms for beginners, according to Finder’s comprehensive analysis.
Want to buy and sell international stocks? Here are the top brokers to help you trade global markets.
These are the best discount brokers of 2024 according to Finder’s comprehensive review.
Compare the 5 best stock picking services, according to Finder’s analysis, and learn how to choose the best option for your needs.
Check out our picks of the best trading apps for beginners, options traders, hands-off investors and more.
We’ve rounded up stats on some of the most popular graphene stocks, along with information on how they compare and how to invest.
What you need to know about investing in the leading indicator for the overall US stock market.
Check out the best-performing ETFs so far in 2024.