Friday, April 21, 2017

Securities, Vietnam stock trading zoom ... Local profitability has deteriorated



[Korea goyounghun financial newspaper reporter] of last year's Vietnam subsidiary earnings that competition leads to greater visibility of the Vietnam expansion of domestic securities firms showed that one did not see the stars fun. The earth is qualified chigoneun shabby transcript of opportunity.

19 days found only equity securities over 3 trillion won four of Mirae Asset, Daewoo and Korea Investment & Securities held by the Vietnam subsidiary is profitable, according to the FSS. However, Korea Investment & Securities net profit last year, the Vietnamese subsidiary is reduced to half compared to last year 3.7 billion won to 19 billion won. NH Investment & Securities deficit was switched Shinhan Investment has grown more losses.

Last year, Vietnam Daewoo Mirae Asset Performance is net income rose sharply to 1.485 billion won compared to 284 million won in 2015. Operating income also rose sharply.

Daewoo Mirae Asset said, "the result of the ventured preemptive investment in the Vietnamese market seem to have a good effect," he said.

Last year, Korea Investment & Securities net profit corporation in Vietnam fell by half compared to the previous year 3.7 billion won to 19 billion won. Vietnam office was great that the investment into the new year opened. Subsidiary KIS Vietnam, Korea Investment & Securities is headquartered in Ho Chi Minh City operates a total of six stores.

NH Investment and Securities, Shinhan Investment Corp. was poor last year's performance.

Vietnam, a subsidiary of NH Investment & Securities has switched naemyeo a loss of 63 million won last year's 100 million deficit, Vietnam subsidiary of Shinhan Investment has issued a net loss of 800 million won last year. First NH Investment & Securities established a subsidiary in Vietnam, is a position that figures do not mean by you saw a slight deficit due to the project-based investment saw a growth in the future.

NH Investment & Securities official explained, "When I saw the entire overseas business share yet Vietnam is not large scale." Rather, it is planning to increase its stake in Vietnam this year, our subsidiary, CBV securities to 100%.

For Shinhan Investment grew by close to three times the losses last year, 80 million won from 800 million to 241 million won in 2015.

Shinhan Investment Corp. said, "The first began operating in late February last year," said, "It seems I still have deficits well as the steps that the initial payback," he said.

Industry insiders are diagnosed andago securities are still operating in Vietnam easy to find a variety of revenue models. The high proportion brokerage business is not easy, diversified business model as soon as possible to increase profits is a difficult point.

But brokers are expanding investment in Vietnam neulrimyeonseo international stock trading services. Prior Shinhan Investment Corp. is the first started the Vietnam stock brokerage services. Was conducted in March, Samsung Securities brokerage services in Vietnam, Korea Investment & Securities also plans to introduce the service in this month.

Korea Investment & Securities official said, "the latest plans to launch the service around May yen."



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