Mirae Asset Financial Group
Scope
Date
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Shareholder activism
Proxy voting rises in South Korea, but few vetoes cast
An increasing number of asset management firms in South Korea are more frequently exercising their voting rights at portfolio companies. Nevertheles...
Jun 05, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor Group dominates US Best Cars for Teens awards
Hyundai Motor Group has claimed seven out of 12 categories in US News & World Report’s Best Cars for Teens for 2025 awards, marking its fo...
Jun 04, 2025 (Gmt+09:00)
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Cryptocurrencies
World Vision becomes 1st Korean corporate entity to trade crypto
Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the Sout...
Jun 01, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Hanjin KAL, LS expand defense business alliance to counter Hoban Group
South Korea’s Hanjin Group and LS Group are tightening their alliance further against Hoban Group, which is raising its stake in Hanjin.Korean...
May 30, 2025 (Gmt+09:00)
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Infrastructure
Korea Post to commit $150 mn to mid-cap infrastructure funds
Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...
May 30, 2025 (Gmt+09:00)
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Upcoming IPOs
Baby Shark video creator files for Kosdaq IPO
The Pinkfong Company Inc., the creator of the billion-view video Baby Shark, has launched the process of an initial public offering on South Korea&r...
May 30, 2025 (Gmt+09:00)
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Pension funds
NPS to lift stock holdings to 55% by 2030, raising risk appetite
The National Pension Service (NPS) plans to raise its equity allocation to about 55% of its assets by 2030 from 40.4% as of the end of February, Sou...
May 29, 2025 (Gmt+09:00)
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Regulations
HYBE Bang under financial watchdog’s scrutiny for alleged unfair trading
Bang Si-hyuk, founder and chairman of HYBE Co., the South Korean entertainment giant behind K-pop global sensation BTS, could face investigation by ...
May 29, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Group joins S.Korea’s 100 trillion won market cap club
South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite club of conglomerates with a market capitalization exce...
May 28, 2025 (Gmt+09:00)
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Real estate
Cushman & Wakefield, Avison Young to lead Orange Center sale in Seoul
Cushman & Wakefield and Avison Young have been appointed to oversee the sale of Orange Center, a prime office tower in Seoul’s central bus...
May 28, 2025 (Gmt+09:00)
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Mergers & Acquisitions
DB Group eyes Hanyang Securities amid KCGI deal uncertainty
DB Group, which owns DB Securities Co. and DB Insurance Co., is considering acquiring Hanyang Securities Co., as a deal by South Korean private equi...
May 28, 2025 (Gmt+09:00)
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ASK 2025
Rental housing gains appeal amid supply crunch: asset managers
The rental housing markets in the US, Europe and Australia present attractive investment opportunities as persistent supply shortages and rising urb...
May 28, 2025 (Gmt+09:00)
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Tech, Media & Telecom
Korea’s KT signs $95 million AI partnership with Vietnam’s Viettel Group
South Korea’s leading telecommunications service provider KT Corp. said on Tuesday it has signed a 130 billion won ($95 million) strategic par...
May 27, 2025 (Gmt+09:00)
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ASK 2025
NPS, KIC step up focus on mid-market infrastructure
The National Pension Service (NPS) and Korea Investment Corp. (KIC) are actively exploring mid-market infrastructure opportunities as they are expec...
May 26, 2025 (Gmt+09:00)
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Banking & Finance
Shinhan Financial’s Jin meets with Goldman Sachs Int'l CEO for strategies
Jin Ok-dong, chairman of South Korea’s leading financial conglomerate Shinhan Financial Group, has met with senior executives of US-based mult...
May 25, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Kakao Pay in talks to acquire SSG.COM’s SSG Pay and Gmarket’s Smile Pay
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., is in advanced negotiations to acquire t...
May 25, 2025 (Gmt+09:00)
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Banking & Finance
NPS gobbles up Korea’s top 4 financial holding stocks
South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...
May 23, 2025 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics to spin off biosimilar unit Samsung Bioepis
Samsung Biologics Co., the world’s largest contract drugmaker, will undergo a strategic split to separate its contract development and manufac...
May 22, 2025 (Gmt+09:00)
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Asset management
Mirae Asset Global Investments’ AUM tops $288 bn as global push pays off
Mirae Asset Global Investments Co. now manages more than 400 trillion won ($288 billion) in assets for the first time since its first global venture...
May 21, 2025 (Gmt+09:00)
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Shareholder value
Korean financial firms launch global IR blitz to woo foreign capital
Chiefs of South Korea’s major financial groups – Shinhan, Woori and iM – are ramping up global investor outreach with new sharehol...
May 21, 2025 (Gmt+09:00)
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Investment banking
Bill Clinton in Seoul to meet with MBK's ByungJu Kim, business leaders
Michael ByungJu Kim, co-founder, partner and chairman of Seoul-based private equity firm MBK Partners Ltd., is set to meet with former US President ...
May 21, 2025 (Gmt+09:00)
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Real estate
Seoul’s prime office transactions rise 6% in Q1 despite weak sentiment
Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...
May 20, 2025 (Gmt+09:00)
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Energy
Vietnam, gateway for SK Group’s global renewable energy push
TIEN GIANG, VIETNAM – Off the coast of Vietnam’s Tien Giang Province, 36 wind turbines spin steadily with a constant whoosh and swish, g...
May 19, 2025 (Gmt+09:00)
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Banking & Finance
Samsung flexes financial muscle as insurance, card units top rankings
Samsung Group’s financial affiliates are closing in on KB Financial Group for the top spot in South Korea’s financial services sector, u...
May 16, 2025 (Gmt+09:00)
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Food & Beverage
Hanwha acquires Ourhome for $622 million in push to revive food business
South Korea’s Hanwha Group has completed the acquisition of the country’s No. 2 food service and catering company Ourhome Ltd. for 869.5...
May 15, 2025 (Gmt+09:00)
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Corporate strategy
SK Group seeks to sell SK Signet as part of sweeping portfolio realignment
South Korea’s second-largest conglomerate SK Group is seeking to divest SK Signet Inc., four years after acquiring the EV charger manufacturin...
May 14, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s mid-tier shipbuilders sail into new supercycle as China struggles
BUSAN – On a sunny May morning in Busan’s Yeongdo shipyard, the clang of steel and the rhythmic pounding of welders was telling the new ...
May 13, 2025 (Gmt+09:00)
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IPOs
Lotte to retake $269 mn stake in logistics arm after flopped IPO
Lotte Group, South Korea’s fifth-largest conglomerate by assets, will buy back a stake in Lotte Global Logistics Co. from the latter’s f...
May 13, 2025 (Gmt+09:00)
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Asset management
Korea Investment & Securities deepens global ties with 2nd IR in New York
Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holdings Co., said on Wednesday it hosted its flagship investor ...
May 07, 2025 (Gmt+09:00)
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Asset management
Korea Investment & Securities to sell Goldman Sachs funds
Korea Investment & Securities Co. said on Tuesday it is set to sell funds operated by Goldman Sachs Asset Management LP in South Korea, offering...
May 06, 2025 (Gmt+09:00)
Latest News
- 1 Korea to allow non-profits to buy consumer bad loans
- 2 LG to drive future growth in emerging markets with battery prowess
- 3 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 4 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet
- 5 Maybe Happy Ending sweeps Tony Awards with six wins