Search Results | BusinessKorea

Friday, October 20, 2017

Search Results:

Foreign investors sold a total of US$4.3 billion (4.87 trillion won) worth of Korean stocks and in September.

Owing to North Korea Risk

19 October 2017 - 11:00am
Yoon Yung Sil

Foreign capital outflows from the South Korean securities market surpassed US$4 billion (4.53 trillion won) in September amid escalated geopolitical tensions after North Korean carried out the sixth nuclear test in the month, hitting hit a six-year high.

According to a report titled “International Financial, Foreign Exchange Market Trend in September 2017” from the Bank of Korea (BOK) on October 18, foreign investors sold a total of US$4.3 billion (4.87 trillion won) worth of Korean stocks and bonds – US$830 million (940.16 billion won) of stocks and US$3.47 billion (3.93 trillion...

read more
Domestic equity funds showed a minus 0.13 percent return in the third quarter while the net asset of funds was up 1.46 trillion won (US$1.29 billion) from the previous quarter.

Fund Earnings Rate

18 October 2017 - 12:45pm
Yoon Yung Sil

According to a “2017 Q3 fund evaluation report” released by market data provider FnGuide on October 13, domestic equity funds showed a minus 0.13 percent return in the third quarter. However, the net asset of funds, including exchange-traded fund (ETF), stood at 41.1 trillion won (US$36.37 billion), up 1.46 trillion won (US$1.29 billion) from the previous quarter.

The fall in the price of small and medium-capitalization stocks turned the rate of returns into a negative. The earnings rate of active small and medium-capitalization equity funds in the third quarter was minus 2.86...

read more
The Ministry of Oceans and Fisheries (MOF) of Korea will sign an agreement to join the Asia Cruise Cooperation (ACC) as a representative of South Korea’s ports of call.

For Lowering Reliance on China

18 October 2017 - 12:45pm
Yoon Yung Sil

The South Korean government is to establish a cruise alliance with Southeast Asian countries to diversify the domestic cruise market.

The Ministry of Oceans and Fisheries (MOF) announced on October 17 that it will sign an agreement to join the Asia Cruise Cooperation (ACC) as a representative of South Korea’s ports of call at Busan Port International Passenger Terminal in Busan on the 20th.

The ACC was launched by major Asian countries, such as Taiwan, Hong Kong and the Philippines, in July 2014 to boost cruise tourism...

read more
Bullish Global Market Pushes up Korea’s ELS Issuance by 15%

ELS Issuance

18 October 2017 - 12:30pm
Yoon Yung Sil

According to the Korea Securities Depository (KSD) on October 17, South Korea's issuance of equity-linked securities (ELS) stood at 18.12 trillion won (US$16.03 billion) in the third quarter this year due to a bullish global stock market, up 15.1 percent from the previous quarter.

By type, the issuance by public offering increased 22.7 percent to 13.93 trillion won (US$12.32 billion) compared to the previous quarter, accounting for 76.9 percent of the total, while that by private offering decreased 4.6 percent to 4.19 trillion won (US$3.7 billion), making up the remaining 23.1...

read more
The ad image of CJ CheilJedang's Bibigo brand.

TV Ad of Korean Cuisine

17 October 2017 - 4:30pm
Yoon Yung Sil

CJ CheilJedang's Bibigo will begin its television advertising in the United States from October 19. This is the first time for a brand dedicated to Korean cuisine to air its commercial throughout the U.S.

The Bibigo’s ad targets Millennials in the U.S., the generation aged 20 to 35 who tries and seeks new things. It introduces the features of Korean food which is good for health while it is easy and quick to cook. 

In particular, the ad focuses on addressing the perception that Korean cuisine is difficult to cook. It shows how locals enjoy eating Bibigo’s main products, such...

read more
Foreign investors continued to sell South Korean stocks and bonds worth 4.8 trillion won (US$4.25 billion) in September and October in a row.

Seoul Bourse

17 October 2017 - 3:30pm
Yoon Yung Sil

Foreign investors continued to sell South Korean stocks and bonds worth 4.8 trillion won (US$4.25 billion) for last two months in a row.

According to the Financial Supervisory Service (FSS) on October 16, foreigners net sold 1.1 trillion won (US$976.09 million) worth of listed stocks and 3.73 trillion won (US$3.31 billion) worth of listed bonds last month, showing a net flow of 4.83 trillion won (US$4.28 billion) in total. They went on a selling spree in both stocks and bonds for two consecutive months from August.

Foreign investors held 613.3 trillion won (US$543.22 billion...

read more
More than 60 percent of the market capitalization of companies listed on the Seoul bourse were taken up by the listed units of the nation’s top four business groups such as Samsung, Hyundai motors, SK and LG.

Led by Top 4

16 October 2017 - 3:30pm
Yoon Yung Sil

The market capitalization of companies listed on the South Korean stock market increased by more than 300 trillion won (US$266.15 billion) this year. However, over 60 percent of them were taken up by the listed units of the nation’s top four business groups.

According to Chaebol.com on October 16, the total market cap of 2,168 companies listed in the Korea Stock Exchange stood at 1,842.9 trillion won (US$1.64 trillion) as of the 13th, up 300.6 trillion won (US$266.77 billion), or 19.5 percent, from 1,542.3 trillion won (US$1.37 trillion) at the beginning of the year.

Out of...

read more
The war of nerves between the OLED camp led by LG Electronics and the QLED camp led by Samsung Electronics in the global TV market is more intense than you can imagine.

Expression of Sense of Crisis?

16 October 2017 - 3:30pm
Yoon Yung Sil

As Samsung Electronics recently uploaded a video claiming technical faults of organic light-emitting diode (OLED) display panels to YouTube, all eyes are on what the company’s intention is.

Considering the business practice that should not mention about competitors’ products when promoting one’s products, it is exceptional that Samsung carried out the “slander marketing” strategy that directly attacks the products of its competitors by spending a considerable amount of money.

According to industry sources on October 15, Samsung Electronics uploaded a 103-second-long video to...

read more
More than a half of short stock selling is traded by foreign financial firms in the South Korean stock market.

Short Stock Selling

16 October 2017 - 11:00am
Yoon Yung Sil

More than a half of short stock selling is traded by foreign financial firms in the South Korean stock market.

According to the data from National Assembly National Policy Committee member and the ruling Minju Party lawmaker Park Chan-dae submitted by the Financial Supervisory Service and the Korea Exchange on October 15, there was a total of 746,624 cases of short stock selling in the KOSPI market from June 30 last year to August 30 this year.

Out of these, 432,836 cases of short stock selling were traded by foreign investors, accounting for 58 percent of the total. The...

read more
New fund products that invest in foreign environmental, social and governance (ESG) companies will be launched for the first time in Korea.

Social-friendly Fund

13 October 2017 - 5:00pm
Yoon Yung Sil

As more and more people are interested in environmental, social and governance (ESG) investment with the inauguration of the Moon Jae-in government and introduction of the stewardship code by the National Pension Service (NPS), new fund products that invest in foreign ESG companies will be launched for the first time.

According to investment banking industry sources on October 12, Mirae Asset Global Investments plans to release a “Global Good Innovator” fund at the end of this month. This is the product that invests in ESG companies which are included in the Morgan Stanley Capital...

read more

Pages

Copyright 2013 BusinessKorea Co., Ltd.
301 Samdo Building, 12-1
Yeoido-dong, Yeongdeungpo-gu
Seoul, Korea 150-010
Tel: +82-2-578-3220
Fax: +82-2-578-3224
Email: contact@businesskorea.co.kr

 
 

Web design by: