mirae asset hana financial
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Date
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ESG bonds
Hana to underwrite $65 mn ESG bonds on US rail funding
South Korea's Hana Financial Investment Co. is set to underwrite 75 billion won ($65 million) worth of senior bonds linked to environmental, social ...
Aug 12, 2021 (Gmt+09:00)
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Banking & Finance
KakaoBank falls out of Kospi top 10 on 3rd trading day
KakaoBank Corp. has fallen out of the top 10 list on Kospi on Aug. 10, its third trading day, with Celltrion and Kia Corp. overtaking the company ag...
Aug 10, 2021 (Gmt+09:00)
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Economy
New FSC chief nominee tough on household debt, against cryptocurrencies
South Korea’s incoming financial regulatory chief says his policy priority is on limiting economic and financial risks stemming from higher ho...
Aug 06, 2021 (Gmt+09:00)
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IPOs
KakaoBank becomes Korea's most valuable lender
KakaoBank Corp. became South Korea’s first listed internet-only bank and the country's most valuable lender upon its trading debut on Aug. 6...
Aug 06, 2021 (Gmt+09:00)
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Investment banking
Mirae Asset step closer to full-fledged investment bank
Mirae Asset Securities Co. has become South Korea's first brokerage company to boost its equity capital to 10 trillion won ($9 billion), taking a st...
Aug 05, 2021 (Gmt+09:00)
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The Deep Dive
Growing pains: Korea’s smaller crypto exchanges face shutdown
In mid-July, a small obscure South Korean cryptocurrency exchange posted a notice on its website at midnight, saying it is suspending trading of 57 ...
Aug 05, 2021 (Gmt+09:00)
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Korean startups
Naver Financial, SoftBank invest $25 mn in blockchain startup TBCASoft
South Korea-based Naver Financial, the fintech arm of online giant Naver Corp., has invested $20 million in a Series B funding round for the US-base...
Aug 05, 2021 (Gmt+09:00)
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Bio & Pharma
Korea’s Samyang to manage 30% assets globally by 2025
Samyang Group, a South Korean food and chemicals producer, aims to manage 30% of its total assets overseas by 2025, while fostering nutrition, medic...
Aug 02, 2021 (Gmt+09:00)
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Markets
Current asset prices not irrational: Howard Marks
Many asset prices have skyrocketed to their highest-ever levels as interest rates remain historically low, but that does not mean their current valu...
Jul 30, 2021 (Gmt+09:00)
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Banking & Finance
Korea’s major banking groups post record-high earnings in H1
South Korea’s major banking groups have posted the highest-ever net profit figures in the first half of this year. Shinhan Financial Group rep...
Jul 27, 2021 (Gmt+09:00)
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Mergers & Acquisitions
KDB seeks to sell $2.3 bn CBs in HMM to lay groundwork for stake sale
The state-run Korea Development Bank (KDB) is seeking to sell 2.6 trillion won ($2.3 billion) in perpetual convertible bonds issued by HMM Co., th...
Jul 19, 2021 (Gmt+09:00)
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Mergers & Acquisitions
BlackRock Real Assets makes first Korean offshore wind investment
BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired a 100% equity stake in Korea Renewable Energy ...
Jul 15, 2021 (Gmt+09:00)
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Alternative investments
Hana Alternative logs over 9% return on US residential project
South Korea's Hana Alternative Assets Management Co. is estimated to have achieved an annualized return of 9.83% from the $51.5 million mezzanine lo...
Jul 15, 2021 (Gmt+09:00)
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RBW, label behind Mamamoo girl group, seeks Kosdaq listing
RBW Inc., the label behind K-pop star Mamamoo, is looking to go public after HYBE Co., the music and entertainment agency behind BTS, made a big h...
Jul 13, 2021 (Gmt+09:00)
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Banking & Finance
Korean banks enter digital asset custody market in quick succession
Woori Financial Group has become South Korea’s third major banking group to enter the digital asset custody service (DACS) market, following K...
Jul 11, 2021 (Gmt+09:00)
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Central banking
Fed’s Powell, BOK chief to meet during G20 gathering
Federal Reserve Chair Jerome Powell and Bank of Korea (BOK) Governor Lee Ju-yeol will meet during a Group of 20 (G20) gathering of finance ministe...
Jul 09, 2021 (Gmt+09:00)
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Pension funds
NPS bets big on property development as asset prices soar
The National Pension Service (NPS) has been increasing its appetite for office buildings in the development stage as part of an effort to snatch up ...
Jul 09, 2021 (Gmt+09:00)
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Venture capital
Indonesia's HappyFresh draws half of new funding from Korea
Indonesia's online grocery platform HappyFresh will receive another $33 million from South Korean investors, including the Asian startup fund of Nav...
Jul 09, 2021 (Gmt+09:00)
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Markets
Korea’s household investment in stock assets up by 62.8% vs. Q1 2020
South Korean households over the last 12 months have vastly increased investments in both domestic and overseas stock markets, with the total invest...
Jul 08, 2021 (Gmt+09:00)
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Real estate
Shinsegae Group goes asset-light in e-commerce push
South Korea's Shinsegae Group is looking to sell the headquarters building of its supermarket chain E-Mart Inc. for about 1 trillion won ($883 milli...
Jul 06, 2021 (Gmt+09:00)
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Sovereign wealth funds
KIC aims to boost alternatives to 25% by 2027
The Korea Investment Corporation (KIC) will gradually increase alternative investments such as venture capital, private equity and debt, and infrast...
Jul 01, 2021 (Gmt+09:00)
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Alternative investments
POBA CIO advises against traditional asset mix, definition
Rapid technological change that is blurring the lines between industries has altered the definition of asset classes, forcing investment managers to...
Jun 30, 2021 (Gmt+09:00)
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Artificial intelligence
NH Financial to buy $20 mn stake in Japan's solar farm
South Korea's NongHyup Financial Group, or NH Financial Group, has acquired a stake in a solar power plant in Japan from Korea Electric Power Corp. ...
Jun 28, 2021 (Gmt+09:00)
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IPOs
Krafton hiccup: Financial regulator concerned over high IPO share price
South Korean game developer Krafton Inc.'s road to an initial public offering is getting rocky with the country's financial regulator expressing con...
Jun 25, 2021 (Gmt+09:00)
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Life & Arts
Art auction sales in Korea soar to highest point since 2008 financial crisis
South Korea’s art market is facing the biggest boom since the global financial crisis, drawing wealthy investors and art enthusiasts alike. Se...
Jun 23, 2021 (Gmt+09:00)
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Economy
BOK ratchets up warning over asset price bubble, private debt
The recent asset price rises in South Korea, in particular in the equities and real estate markets, have been too rapid, even considering an expecte...
Jun 23, 2021 (Gmt+09:00)
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Artificial intelligence
POBA eyes life science buildings, student housing in Europe via SMA
South Korea's Public Officials Benefit Association (POBA) is targeting life science buildings, last-mile distribution centers and student housing fa...
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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Artificial intelligence
Samsung Asset in $12.4 bn oil pipeline stake purchase
South Korea's Samsung Asset Management Co. has participated in a $12.4 billion acquisition of a 49% stake in Aramco Oil Pipelines Co., a unit of Sau...
Jun 21, 2021 (Gmt+09:00)
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Banking & Finance
Singapore emerges as new financial hub for S.Korean banks
South Korea’s major banks are rushing to Singapore as the city-state is emerging as a new financial hub in Southeast Asia, replacing the tradi...
Jun 18, 2021 (Gmt+09:00)
Latest News
- 1 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 2 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 3 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 4 S.Korea eases path for foreign REITs in senior housing push
- 5 Koramco targets $7 bn bets on Korea data centers