SEOUL, May 29 (Korea Bizwire) — Samsung Group heir apparent Lee Jay-yong saw the value of his stock holdings top 10 trillion won (US$9.02 billion) on Friday, three days after the conglomerate announced a plan to merge two key units. Based on Friday’s closing prices, Lee, vice chairman of tech giant Samsung Electronics Co., held [...]
SEOUL, Sep. 7 (Korea Bizwire) – From now on, government regulation on Korean nationals investing in the domestic stock market disguised as a foreign investor will be strengthened. In addition, the requirements for financial investment firms to submit accounting audit data with financial regulators will be relaxed while the reentry barriers for financial investment firms [...]
SEOUL, July 24 (Korea Bizwire) – As the stock market is showing signs of long-awaited recovery, the credit loan balance is rapidly on the rise. This is more so in the KOSDAQ market. According to the Korea Financial Investment Association on July 23, the balance of loans taken out for the purpose of stock investment was 5,023.5 billion won [...]
SEOUL, May 17 (Korea Bizwire) – The number of domestic investors who buy and sell overseas stocks directly without the mediation of brokers is on the rise rapidly. Up until now, most investors had to purchase stock funds in order to make investments in foreign stocks. This pattern has emerged since last year. According to [...]
SEOUL, May 4 (Korea Bizwire) – The number of rich children who hold stocks of listed companies worth more than 100 million won has reached 126, which is an all-time high in Korea. As the domestic stock market went into a recession, many stockholders seem to have taken advantage of the fall in stock prices and [...]
SEOUL, Korea, Feb 21 (Korea Bizwire) – As the KOSPI is exhibiting high volatility this year to date, individual investors are leaving the market in droves. The deposit balance with securities firms by investors has fallen to the level of 13 trillion won, a three-year low, and is showing little signs of regaining. Investors [...]