The Financial Services Commission (FSC) has stated that trading bitcoin spot exchange-traded funds (ETFs) violates domestic capital market regulations in South Korea. However, overseas bitcoin futures ETFs will continue to be traded as usual.On Jan. 15, the FSC announced that the issuance of bitcoin
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed. In the global market, valuation multiples for the medical device sector are higher than those of the pharmaceutical arena. In the domestic market, however, the situation is opposite. We expect re-rat
The authors are analysts of NH Investment & Securities. They can be reached at minjae.lee@nhqv.com and ys.jung@nhqv.com, respectively. -- Ed. The world’s leading renewable energy-themed ETF (ICLN) is expanding its inclusion of Korean renewable energy players. We believe that this development has bee
The Korea Exchange announced on April 20 that individual investors net-bought 1,650.3 billion won of stocks in the South Korean market from March 25 to April 16, when KOSPI rose from slightly over 3,000 points to slightly over 3,200 points.In that period, foreign investors net-bought 3,080.4 billion
South Korean investors’ overseas stock transactions are expected to reach a record high this year again. The figure came to US$18.07 billion (21.16 trillion won) in the first half of the year alone, far surpassing half of last year’s total. Exchange traded funds (ETFs) took five of the top 10 spots
Foreign capital is flooding the South Korean exchange-traded fund (ETF) market. Passive funds which invest in emerging markets as a whole are common but the net assets of “Korea ETF” targeting South Korea are rising significantly. Passive funds refer to investment funds that passively track an index
The total value of foreign stocks South Korean individuals and institutions purchased this year hit an all-time high of more than US$30 billion, increasing more than five-fold in five years. This has to do with more cross-border stock trading services than before by local securities firms and non-ta