Dajia Insurance China
Scope
Date
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Biosimilars
Celltrion, Samsung Bioepis anticipate increased biosimilar sales in Europe
South Korean biosimilar companies such as Celltrion Inc. and Samsung Bioepis Co. are likely to see their sales hike by tens of millions of dollars...
Jul 12, 2021 (Gmt+09:00)
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Batteries
Korea unveils $35 billion battery investment plan to catch up to China
South Korea’s major battery makers have pledged to invest 40.6 trillion won ($35.4 billion) in the electric vehicle battery industry over the ...
Jul 08, 2021 (Gmt+09:00)
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Markets
Defense stocks rally in response to China Xi's speech
South Korean manufacturers of jet fighters, aircraft engines and weapon systems saw their share prices soaring in heavy trade on Monday, powered by ...
Jul 05, 2021 (Gmt+09:00)
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Insurance
Cigna seeks to enter Korea's digital non-life insurance market
The US insurance group Cigna looks set to become the first foreign insurer on South Korea's digital non-life insurance platform, with an aim to crac...
Jun 23, 2021 (Gmt+09:00)
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Korean startups
Morai's virtual testing solution reduces testing period for self-driving cars
A self-driving car needs to pass all sorts of tests before setting off for the open road. It needs to experience different types of roads, terrain f...
Jun 22, 2021 (Gmt+09:00)
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Artificial intelligence
Coupang fire may cut ROI of warehouse assets
Last week’s devastating fire at a Coupang distribution center, which reportedly burned down more than 16 million items for delivery, is expect...
Jun 22, 2021 (Gmt+09:00)
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Insurance
Kakao enters insurance sector for synergy with its online platforms
Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...
Jun 11, 2021 (Gmt+09:00)
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ESG investing
Korean insurers finance Carlyle's $2 bn deal with ESG debt
South Korean life insurers have made an environmental, social and governance (ESG)-themed investment in The Carlyle Group's €2 billion ($2.4 bi...
Jun 08, 2021 (Gmt+09:00)
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Mobile networks
Samsung unveils low-end 5G phone to rival China’s cheap models
Samsung Electronics Co. on Friday launched a low-end 5G smartphone in overseas markets amid intensified price competition initiated by Chinese mobil...
Jun 04, 2021 (Gmt+09:00)
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Healthcare
National health insurance to cover dental startup AIOBIO’s QLF device
AIOBIO’s dental diagnostic devices will be covered by South Korea’s national health insurance from June 1. AIOBIO is the country’s...
May 31, 2021 (Gmt+09:00)
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Steel
China’s heavy imports of copper, steel scrap hurt Korean SMEs
South Korea’s massive exports of scrap steel and scrap copper to China are hurting its domestic companies that are struggling to secure the st...
May 26, 2021 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific posts 191.1% growth in Q1 profit, recovers in China
South Korea’s cosmetics giant Amorepacific Group reported a sharp turnaround in revenue and operating profit for the first quarter of 2021.The...
Apr 28, 2021 (Gmt+09:00)
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Machinery
Doosan Infracore to build 15,000 forklift engines for China’s Linde
Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, has won an order to build 15,000 forklift engines fro...
Apr 19, 2021 (Gmt+09:00)
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Premium brand
Hyundai Motor to launch Genesis in China, posts record US sales
Hyundai Motor Co. and sister firm Kia Corp. posted their best-ever March and first-quarter sales in the US, where the South Korean companies are wor...
Apr 02, 2021 (Gmt+09:00)
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SK Holdings, China’s Geely launch $300 million future mobility fund
South Korea’s SK Holdings Co. and China’s leading carmaker Zhejiang Geely Holding Group Co. have launched a $300 million joint fund...
Mar 18, 2021 (Gmt+09:00)
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Automobiles
Hyundai, Kia set to change gear to revive China sales
Hyundai Motor Co. and Kia Corp. posted their worst results in China last year since they advanced into that neighboring market in 2002. Their Chines...
Mar 10, 2021 (Gmt+09:00)
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Logistics
Hyundai Glovis, Changjiu team up to boost China-Europe rail transport
South Korea-based Hyundai Glovis Co. has teamed up with China’s largest automotive logistics firm, Changjiu Group, to foster rail transport op...
Mar 03, 2021 (Gmt+09:00)
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Logistics
China logistics firms yield decent returns for Korean investors
MBK Partners and two leading South Korean conglomerates – SK and CJ groups – have chalked up hefty returns from investments in Chinese l...
Mar 03, 2021 (Gmt+09:00)
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Alternative investments
Korean insurers may write down $1.1 bn in global alternatives
South Korea’s 36 insurance companies have invested a combined 70 trillion won ($63 billion) in overseas alternative investments as of the end ...
Feb 23, 2021 (Gmt+09:00)
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Batteries
Korea’s EV battery trio controls half of global market ex-China
South Korea’s LG Energy Solution Ltd. and two other major domestic electric vehicle battery makers have grown significantly, controlling more ...
Feb 17, 2021 (Gmt+09:00)
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Foldable displays
Global folding screen market to explode as Samsung set to supply to China
Samsung Display Co., a leading South Korean display panel maker, will supply foldable displays to select smartphone makers in China amid industry fo...
Feb 15, 2021 (Gmt+09:00)
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Leadership & Management
Korea Post names new CIOs of savings, insurance arms
Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...
Feb 09, 2021 (Gmt+09:00)
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Investment Fund
SK, China’s Geely eye investment fund for hydrogen, eco-friendly business
South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...
Jan 27, 2021 (Gmt+09:00)
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Bioplastics
S.Korean chem firms hasten shift to bioplastics amid China's plastic ban
South Korea’s chemical industry is in crisis mode as China declares war on plastics, likely to deliver a heavy blow to Korean companies that b...
Jan 25, 2021 (Gmt+09:00)
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Batteries
SK Innovation buys 13% stake in China’s EV battery-swap station operator
SK Innovation Co. has signed a deal to acquire a 13% stake in a Chinese electric vehicle battery-swap station operator, as the South Korean company ...
Jan 21, 2021 (Gmt+09:00)
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Batteries
Hyundai inks deal to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. has signed a contract to build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to en...
Jan 15, 2021 (Gmt+09:00)
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Trade insurance
Seoul to offer $3 bn credit insurance on Saudi's megaprojects
Korea Trade Insurance Corp. (K-Sure) has agreed to provide $3 billion in trade credit insurance to Saudi Arabia to help South Korean companies win o...
Jan 08, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SKC in talks to sell stake in PET film-making China unit
SKC Ltd. of South Korea’s SK Group is in negotiations to sell a stake in its polyester (PET) film unit in China, which it values at 150 billio...
Jan 07, 2021 (Gmt+09:00)
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Batteries
Hyundai Motor to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...
Jan 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai-Daewoo shipbuilding merger wins China approval, awaiting EU
China has granted unconditional approval of the world’s largest shipbuilder Hyundai Heavy Industries Group’s acquisition of hometown riv...
Dec 28, 2020 (Gmt+09:00)
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Latest News
- 1 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 2 Invesco, SK D&D likely to buy co-living building in Seoul
- 3 Coupang bids for Korean luxury market dominance with Farfetch
- 4 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 5 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit