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Finance
Korea Investment Securities expands BanKIS new customer benefits
Korea Investment Securities will expand benefits for new customers using its non-face-to-face account opening service BanKIS, including an investment credit. From August, first-time BanKIS account openers will receive 20,000 won that can be used to buy domestic shares, in addition to the existing offer of two shares randomly selected from KOSPI200 constituents. The benefit also applies to accounts opened through partner platforms.
Finance
Korea Investment Securities launches campus investment education at Chung-Ang University
Korea Investment Securities said on Thursday it has begun its on-campus investment education program for university students, called the HanTu Campus Tour. The first session was held on Feb. 4 at Chung-Ang University and covered practical basics including stock trading methods. The company also introduced its student mock investment competition and its BanKIS Buddy supporter program. About 120 students attended, asking questions ranging from technical chart analysis to using open APIs.
Finance
Brokerages revive cash promotions, but only for domestic stocks
South Korean securities firms are again offering marketing incentives that had faded after financial regulators warned late last year about excessive overseas investment. Brokerages are now targeting domestic stock investors with cash payments, coupons and fee waivers. Firms have ended foreign-stock promotions early while rolling out local-stock events. The shift comes after policy moves to encourage domestic investment and amid record highs in the KOSPI, though the long-term impact is uncertain.
