GS Engineering & Construction Co. (GS E&C) headquarters in Seoul. [Photo by Yonhap] In the aftermath of the recent parking lot collapse at a residential complex built by GS Engineering & Construction Co. (GS E&C) in Geomdan, Incheon, South Korean construction stocks have undergone a significant de-rating, with their collective market capitalization dwindling by nearly half over a span of more than two years.According to data from the Korea Exchange released on Tuesday, the combined market capitalization of stocks categorized under construction companies in the stock market stood at 13.

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