-
May 17, 2022
[Herald Interview] ‘BTS’ military service will have limited impact on KPOP ETF’
...es. Korean entertainment companies now own various intellectual property rights that can boost their metaverse-related businesses. This will help them rebound for the rest of the year, according to Mirae Asset Securities analyst Song Beom-yong. When asked about how much of th...
-
May 11, 2022
Kospi dips below 2,600 amid stagflation fears
...ics, LG Energy Solution and Kakao, saw shares slide along with banking shares. Meanwhile, telecom, food and beverage stocks gained a little. Seo Sang-young, head of the media content department at Mirae Asset Securities, said the Kospi would soon find room to make a rebound. ...
-
April 28, 2022
NH Investment & Securities launches London corporation
...s expansion shows local securities firms are eyeing beyond the Asia-Pacific region to diversity their revenue stream. NH Investment & Securities is set to compete with three other local rivals like Mirae Asset Securities in London. “It’s too early to tell where our strength...
-
April 21, 2022
[Herald Interview] Data gathering still human job in digital era: real estate platform CEO
...ase currently contains information pertaining to 150,000 office buildings in the country. And about 80 percent of its clients renew their commercial leases with the company, including Shinhan Bank, Mirae Asset Life Insurance, and Hi Investment & Securities, the CEO said. Lee ...
-
April 19, 2022
Yoon vows to protect S. Korea’s economic interest
...was attended by a number of high-profile businessmen including SK Group and Korea Chamber of Commerce and Industry Chairman Chey Tae-won, Korea International Trade Association Chairman Koo Ja-yeol, Mirae Asset Securities CEO and Executive Vice Chairman Choi Hyun-man and Asan I...
-
April 10, 2022
Bidding war heats up for SsangYong Motor
...llowing the firm’s bid announcement. According to the Korea Exchange, Ssangbangwool’s affiliated Mirae Industry sold over 6.47 million of its shares in another subsidiary entertainment company, IOK, ...17 won apiece at the time of the sale, compared to 1,235 won per share at the end ...
-
April 05, 2022
Mirae Asset’s Canadian subsidiary’s asset under management exceeds W20tr
Mirae Asset Global Investment’s Canadian subsidiary Horizons ETFs’ assets under management have exceeded 20 trillion won ($16.4 billion), showing more than a sixfold increase in the last decade. On...the performance of the broad large-cap market segment of the Canadian equit...
-
April 04, 2022
Equity, bond funds remain sluggish over fears of rate hikes
... rebalances all the stocks to match the proportions found in indexes, saw a 6.29 profitability loss in the same period. By product, Tiger KRX BBIG K-New Deal Leverage, an equity-trade fund sold by Mirae Asset Global Investments, saw the lowest profitability among its equity f...
-
March 14, 2022
Foreign holdings of S. Korean stocks hit record low amid war
...ion would take place, according to Hwang, who said reversing war-triggered economic disruptions sapping investor optimism could take months. Seo Sang-young, head of the media content department at Mirae Asset Securities, said a rate hike by the US Federal Reserve, which conve...
-
March 10, 2022
[Election 2022] Overwhelmed by Ukraine crisis, market unlikely to get election boost, experts say
...g commodity prices dragging down the index. Inflation means slow global economic growth, which is bad for export-driven countries like us,” said Seo Sang-young, head of media contents department at Mirae Asset Securities. Investors are hedging against the losses or potential...
-
March 08, 2022
Women still earn 38% less than men
...he average pay for females exceeded 80 million won. Samsung Electronics at 97.72 million won was the highest-paying company for women, followed by NH Investment and Securities at 97.52 million won, Mirae Asset Securities at 92.19 million won, and Naver at 91.13 million won. A...
-
March 08, 2022
Kospi drops 2 percent, Samsung shares rattled
...cent, while the Nasdaq Composite fell 1.6 percent. “The local stock market has been under pressure with the US stocks continuing to be bearish due to the geopolitical risks stemming from Ukraine,” Mirae Asset Securities Analyst Park Gwang-nam said. “The Korean stocks are ...
-
March 07, 2022
Retail investors rush into Russia ETFs despite warnings
...ed period, with the disparate ratio -- the difference between the funds’ market value and the net asset value underlying them -- soaring to an excessive ratio of over 30 percent. The KRX recommends a ...e increasing woes surrounding delisting on their stock market,” said Yoon Jae-hong...
-
February 27, 2022
What’s behind Shinsegae’s W4tr bet on Yeouido landmark?
...segae Property, a developer affiliated with the retail giant, has joined a heated race to acquire the IFC complex worth an estimated 4 trillion won ($3.34 billion) as part of a consortium with IGIS Asset Management. Other suitors shortlisted in a recent second bid include Mirae
-
February 08, 2022
As Kospi party nears end, money moves to safer options
...rinking, according to the Korea Financial Investment Association, a group of local brokerages and asset managers. But money market funds saw an inflow worth 25 trillion won in the same period, with t... or are set to announce that their net profits surpassed 1 trillion won last year, i...
-
January 13, 2022
Naver invests in e-commerce data startup
...nt in local e-commerce data startup Datarize, the IT giant said Wednesday. Stonebridge Ventures led the series A funding of Datarize with co-investments from Weventures, Korea Development Bank and Mirae Asset Venture Investment. The total funding amounted to 11.5 billion won ...
-
January 12, 2022
Digital platforms for secondhand trading emerge as new retail unicorns
...the group’s retail channels. Bungae Jangtoe, one of the nation’s top three secondhand trading startups, said Tuesday it has raised 82 billion won in an investment round from Shinsegae, Shinhan and Mirae Asset. Signite Partners, a venture capital unit under Shinsegae Group,...
-
January 06, 2022
All-in-one banking service launched
...rom a separate programing interface developed by the government. “We’re looking to come up with an artificial intelligence-powered tool to help our customers with investment plans,” an official at Mirae Asset Securities said. The brokerage was the first securities firm to ...
-
December 29, 2021
Experts on market 2022: Stocks to rebound, home price rise to slow
...Seung-hyun, head of research at Yuanta Securities Korea Co. South Korea will see chip shares leading the rebound expected in the latter half of 2022, Kim added. Seo Cheol-soo, head of research at Mirae Asset Securities Co., said the country would still reel from supply short...
-
December 21, 2021
Mirae Asset Securities chief named ‘person of the year’ by KRX
Mirae Asset Securities Chairman Choi Hyun-man was named person of the year by Korea Exchange, Korea’s sole bourse operator, for his contribution to the local capital market, officials said Dec. 20. ...on won ($338 billion). He was tapped as chairman two weeks ago. Choi, a fou...
November 23, 2024
