Mirae Asset Securities Korean stock recommendation (January 2024)
amazing asset securities (KRX: 006800 /KRX: 520003) It is Korea’s largest investment bank and stock brokerage firm by market capitalization. They consistently release free research materials and post them on their website. Korean stock recommendations.
Stocks to research for this month january This post includes (in the order covered, from most recent to the beginning of the month):
Korean Air, Amore Pacific, LG Energy Solutions, Daewoo Engineering & Construction, Samsung Engineering, SK Biopharm, Lotte Information and Communication, Kumho Petrochemical, Hotel Shilla, Hyundai Mobis, LG Innotek, Krafton, Aekyung Industrial, SK Hynix, LG Electronics, Korea Aerospace industry, Hyundai Glovis, Samsung SDS, Hyundai Motor Company, Kia, Hanall Biopharma, Lotte Rental, HD Hyundai Electric, Samsung Biologics, Jin Air, Lotte Information and Communication, Hyundai Engineering & Construction, Hyundai Autoever, Samsung SDS, NCSoft, Wemade, Socar, Neowiz, Dio, Joy City, Hanmi Pharmaceutical, Chong Kun Dang Holdings, Cosmax, Shinsegae, Hyundai Department Store, KT, BGF Retail, GS Retail, SK Telecom, LG U+, CJ Korea Express, OCI Holdings, Lotte Chemical, Hanwha Solution, DL Construction Co., Ltd., Kakao, Shinsegae International, F&F, Samsung Electronics, Kolmar Korea, LX International
This is actually a good pick for mostly non-tech Korean stocks.
The Korean stock market is also receiving attention from overseas again.
📰 Announcement of corporate value improvement plan on the 26th… “Promoting voluntary improvement of corporate value” (mk.co.kr) February 2024
Deputy Prime Minister Choi Sang-mok press conference Expecting tax benefits for companies with rising corporate value, easing tax investigations and reducing dividend tax rates
that much “Corporate Value Improvement Program” Government measures to alleviate the Korea discount phenomenon Released on the 26th.
📰 Foreign buyers increase in Korean stock market, domestic investors decline (Korea Times) February 2024
The government’s plan to introduce the Corporate Value-up Program announced on January 24 to revive the stagnant stock market is attracting attention. Reactions from foreign investors and domestic individual investors are mixed.. While foreign investors are accumulating stocks, Individual investors are moving their investments overseas After making profits in the domestic market.
📰 Korea could become the next stock market (Barron’s) February 2024
The Korean government is trying to change this. I’m using it Japan’s Playbook By introducing the ‘Corporate Value Improvement Program’ Require companies to disclose financial metricsSuch as return the stake or earnings expressed as a percentage of book value. They should too We disclose our strategy to increase shareholder value. These changes will give investors greater visibility into company performance and encourage them to pay higher prices to own companies. Other changes include lower taxes on capital gains and dividends, which will increase the after-tax returns on your investments.
peregrine falcon ovulation (Global Head of Quantitative Strategy at Jefferies) offer List of companies that could benefit from these changesIncluding those focused on Companies with a price/book value ratio of less than 1 and double-digit return on equity for the past three years. Companies that meet these requirements include: Hyundai Motor (KRX: 005380 / at: phew /OTCMKTS: HYMTF) and Korean Air (KRX: 003490). Another screen contains the most liquid stocks, including: Industrial BAnk (KRX: 024110) and Korea & Company (KRX: 000240).
📰 Korea’s pledge to end stock discounts sparks a rally in banks and undervalued companies (Bloomberg) January 2024 $ 🗃️
A fundamental solution is needed to end Korea’s discount: Choi FM
Stock price/book asset ratio rally for banks, automobiles, holding companies, etc.
Mirae Asset Securities publishes Korean stock recommendation research in English. When I click on that item website, i received No pop-ups They ask me what type of investor I am or where I am located. But there is this disclaimer. End of each research report PDF file:
This post is no You should quote directly from the website or the research document itself (beyond just stating the title of the report – keep the disclosures above in mind).
However, the summary and more detailed findings included in the PDF file are no Include a good long-term technical chart, a description of what the company does or a link to the investor relations page of your stock pick, current quotes or latest statistics, etc. It’s everything I hate whenever it’s unavailable.
To make your life easier, this post includes:
A title containing the stock name.
IR page link and Yahoo! This is a brief explanation of stock prices. Jae Won.
Link to Wikipedia page (for what it’s worth…)
The title of the report is linked to a brief summary overview of the report. amazing asset securities Website.
The link is amazing asset securities research report PDF file About stock selection.
Forward or backward P/E and dividend yield linked back to Yahoo! This is a financial statistics page.
The latest long-term technical charts financial resources linked back to Yahoo!
And as always, this post Provided for informational purposes only (And again, to make your life easier…). This does not constitute investment advice and/or recommendations…
Keep in mind that Mirae Asset Securities will do this to some extent. We are conducting sales research. You will probably see no or very few sell recommendations from them (along with all the usual conflicts of interest that would arise from doing so). Just like you rarely see sell recommendations coming from Wall Street…
But their stock research comes with good stock financing and is in English. (Again, many Korean stocks do not yet have IR pages or financial reports in English.) a good starting point Information for anyone interested in investing directly in Korean stocks.
Korean Air (KRX: 003490) silver Flag carrier of South Korea It is the largest airline based on fleet size, international destinations, and international flights.
Amore Pacific Co., Ltd. (KRX: 090430) Are you Korean Beauty and cosmetics tycoon, Sulwhasoo, Laneige, Mamonde, Etude House, Amore Pacific, and Innisfree, and more than 30 beauty, personal care, and health brands. Founded in 1945 by Chairman Seong-Hwan Seo, the company is currently managed by Chairman Kyung-Bae Suh, the founder’s son. It is the second largest cosmetics company in Korea and one of the top 10 cosmetics companies in the world.
LG Energy Solution (KRX: 373220) is of the world No. 1 electric vehicle battery manufacturer outside of China We have strong pricing power and a diverse global customer base, including: tesla. The company also builds or operates the largest number of battery manufacturing facilities in the United States. how to reduce inflation.
LG Energy Solution or LGES We manufacture and supply a variety of automotive batteries, including pouch-type battery cells, modules/packs, and battery management system products used in electric vehicle batteries. Mobility and IT batteries used for a variety of purposes, including IT devices such as smartphones and laptops, as well as light electric vehicles, electric bicycles, power tools, and wireless earphones; These include power grids, UPS, and energy storage systems (ESS) used in commercial and residential applications. We also provide facilities management and cleaning services. ESS installation service and venture investment
The company is a subsidiary of: LG Chem (KRX: 051910) (see: LG Energy Solution (KRX:373220): World’s largest non-Chinese EV battery stock).
