SHANGHAI, China, July 12 (Korea Bizwire) — Junshi Biosciences (HKEX: 1877), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapies, announced today that following its application to The Stock Exchange of Hong Kong Limited (HKEX) pursuant to Rule 18A.12 of the Rules Governing the Listing of Securities on HKEX [...]
SEOUL, June 28 (Korea Bizwire) — Newly listed stocks enjoyed substantial gains in the first half this year, fueling an investor rush amid volatile market trends, data showed Sunday. A total of 12 companies made debuts on the main KOSPI and the tech-laden KOSDAQ markets, nine of which far exceeded their IPO prices, according to [...]
SEOUL, May 19 (Korea Bizwire) — Individual investors are flocking to direct stock investment, choosing to bet on their own picks over brokerage houses’ funds, data showed Tuesday. Outstanding margin loans came to 9.95 trillion won (US$8.14 billion) as of Friday, up 10.1 percent from a month ago, according to the data from the Korea [...]
SEOUL, May 11 (Korea Bizwire) — Individual investors accumulated 50 trillion won (US$41 billion) in stocks and stock investment deposits, holding greater influence over the benchmark index since the beginning of the year, data showed Monday. From Jan. 2 to May 8, retail investors bought a net 30.8 trillion won worth of local shares, 26.1 [...]
SEOUL, April 20 (Korea Bizwire) — Foreigners’ appetite for South Korean stocks is tipped to grow down the road due to the general election results from last week and improving situations over the new coronavirus here, analysts said Monday. Offshore investors turned net buyers on Friday, ending their selling spree totaling 14.7 trillion won (US$12.1 [...]
SEOUL, April 16 (Korea Bizwire) — South Koreans’ overseas securities investment soared in the first quarter, largely on hopes that the coronavirus-hit stock prices may rebound down the road, data showed Thursday. The local investors’ transactions of overseas securities in January-March came to US$66.6 billion, up 68.2 percent from the previous quarter, according to the [...]
SEOUL, April 10 (Korea Bizwire) — Foreign investors net sold the largest amount of South Korean stocks ever in March, central bank data showed Friday, amid continued jitters in the local stock market caused by the new coronavirus outbreak. Foreigners dumped a net US$11.04 billion worth of local shares in the month, according to the [...]
SEOUL, April 9 (Korea Bizwire) — Individual investors in South Korea have raked in a massive amount of local stocks since the country’s first coronavirus outbreak in January, countering foreigners’ selling mode, data showed Thursday. Since South Korea’s first confirmed case of COVID-19 on Jan. 20 to Thursday’s closing, individuals bought a net 20.6 trillion [...]
SEOUL, March 24 (Korea Bizwire) — Foreign ownership of Samsung Electronics Co. has fallen to a 13-month low amid offshore investors’ selling binge sparked by fears over a coronavirus-induced global economic recession, data showed Tuesday. Foreign investors owned 55.37 percent of Samsung Electronics, the world’s No. 1 smartphone and memory chipmaker, as of Friday, according [...]
SEOUL, March 16 (Korea Bizwire) — Foreign investors became net sellers of South Korean stocks last month, ending their two-month buying spree, data showed Monday. Foreigners sold a net 3.22 trillion won (US$2.6 billion) worth of local stocks in February, according to the data from the Financial Supervisory Service (FSS). American investors sold a net [...]