Investors from China and Japan have been aggressively tapping the South Korean financial market, industry data showed Sunday, helped by China’s recent policy to globalize its financial sector and Japan’s monetary easing.

In the first 10 months of the year, Japanese investors bought a net 2.8 trillion won ($2.5 billion) worth of shares on the Seoul bourse, becoming the second-largest investor following U.S. investors who purchased a net 3.6 trillion won worth of shares, according to the data.

Chinese investors bought a net 2 trillion won worth of shares in the January-October period, after their net purchase of local shares reached 2.2 trillion won last year.

The combined net buying by Japanese and Chinese investors took up 78.4 percent of overall net buying by foreign investors in the January-October period.

Chinese investors bought a net 1.3 trillion won worth of bonds, becoming the second-largest investor after Singaporean investors, with U.S. investors selling a net 1.1 trillion won worth of bonds. (Yonhap)