Part of the KBS article content is quoted.
https://v.daum.net/v/20260403174901543
https://news.kbs.co.kr/news/pc/view/view.do?ncd=8526482
It has been confirmed through KBS coverage that the National Pension Service (NPS) has sold most of the Coupang shares worth hundreds of billions of won that it had held for a long time.
This appears to be because the NPS judged that investing in Coupang would not help increase the fund's long-term profitability, following incidents such as Coupang's personal information leak at the end of last year.
■ Most of Coupang shares held for over 5 years were sold
The NPS first invested in Coupang in 2021, the year Coupang was listed on the New York Stock Exchange.
Since then, the NPS has continuously held Coupang shares.
According to data disclosed by the NPS, it held 205.3 billion won worth of shares at the end of 2021, 108.4 billion won at the end of 2022, 170.5 billion won at the end of 2023, and 218.1 billion won worth of shares at the end of 2024.
According to data submitted by the National Pension Service to Jinbo Party lawmaker Jeong Hye-kyung's office, the NPS still held Coupang shares worth 201.8 billion won as of the end of August last year.
Previously, Kim Seong-ju, president of the National Pension Service, said in an interview with a media outlet that the average holding period for individual stock holdings is two years. Considering this, Coupang shares were held for a considerable length of time.
However, it has been found that the NPS sold most of these Coupang shares. The sale is estimated to have taken place from late last year to early this year.
An NPS official said, "The remaining Coupang shares are currently worth only hundreds of millions of won, which can be considered almost nonexistent."
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