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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouth Korea's 'leading stocks' will be related to semiconductors and EVs: Financial services firmDaniel Yoo, head of global asset allocation at Yuanta Securities, says "the [artificial intelligence] cycle is here to stay for at least … another two years."
Persons: Daniel Yoo Organizations: Yuanta Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHuge rerating for South Korean companies if 'chaebol discount' issue is resolved: Yuanta SecuritiesDaniel Yoo, head of global asset allocation at Yuanta Securities, says he doubts it will disappear in a "very short period of time."
Persons: Yuanta Securities Daniel Yoo Organizations: South, Yuanta Securities
SEOUL, July 12 (Reuters) - The head of South Korea's financial supervisory agency asked foreign financial firms on Wednesday for preemptive risk management in the face of various uncertainties. "Especially, I request that you do your best to maintain financial soundness and proactive risk management by pre-emptively responding to recent external and internal uncertainties," Lee Bok-hyun, governor of the Financial Supervisory Service (FSS), told firms. Representatives from 11 foreign institutions including JPMorgan Chase Bank, HSBC Bank, MUFG Bank, Yuanta Securities, Goldman Sachs Securities, insurers, and investment companies attended. Lee also told the meeting, which is held once or twice a year, about progress in regulatory changes and authorities' efforts to improve foreign access to financial markets, the FSS said in a statement. Reporting by Jihoon Lee; editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.
Persons: Lee Bok, hyun, Lee, Jihoon Lee, Robert Birsel Organizations: Financial Supervisory Service, JPMorgan Chase Bank, HSBC Bank, MUFG Bank, Yuanta Securities, Goldman, Goldman Sachs Securities, Thomson Locations: SEOUL, Goldman Sachs
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe expect chip market to recover in the second half of the year, financial services firm saysDaniel Yoo of Yuanta Securities says stock prices are stabilizing despite poor profit numbers from chipmakers.
Yuanta Securities Korea discusses outlook for Samsung
  + stars: | 2023-01-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSamsung's first-quarter numbers aren't looking good, but it's still competitive: StrategistDaniel Yoo of Yuanta Securities Korea says the company's overall numbers for the first quarter aren't "looking good," but expects "quite a bit of a turnaround."
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinancial services firm discusses Apple's plan to make in-house screensDaniel Yoo of Yuanta Securities says Apple's plan to make in-house screens will affect LG Display more than Samsung Electronics.
BTS fandom tech firm Weverse reaches beyond K-Pop
  + stars: | 2022-12-22 | by ( Joyce Lee | ) www.reuters.com   time to read: +4 min
"We are a fandom business," Weverse President Joon Choi told Reuters. The app also currently has more than 80 teams of artists represented including BTS, and about 8-9 million monthly active users. However, Weverse users' 'superfan' qualities make engagement in those services turbo-charged, Choi said. Users are based in more than 200 countries and only about 10% of the app users speak Korean, Choi said. Top 5 countries Weverse users are from include Japan, Indonesia, Mexico, the United States and South Korea.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe should focus on South Korea's interest rates, not just its currency: Financial services firmDaniel Yoo of Yuanta Securities says "in terms of the overall market," the country's interest rates and currency need to be stabilized.
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