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Finance

KOSPI surges 14 percent on foreign buying in record one-day rebound

South Korea\'s KOSPI jumped 14 percent in its biggest one-day rebound, with foreign investors seen as the key driver. CNBC reported the market turned on a rebound in U.S. tech stocks and renewed expectations for AI semiconductors, while SK Hynix and Samsung Electronics also rose sharply. Analysts cited short-covering and leveraged ETF rebalancing as additional factors. Some warned the surge could be temporary and said the next test is whether foreign buying persists.

Finance

Hana Securities opens premium financial center at Hyundai Department Store Mokdong branch

Hana Securities has opened a premium financial center at Hyundai Department Store\'s Mokdong branch in Seoul to strengthen its comprehensive wealth management services. The company said it opened THE H1 W on the sixth floor of the store and held an opening ceremony. The center will provide tailored asset management for VIP customers, combining wealth management, investment banking, and sales and trading capabilities. It will also introduce a family office succession solution that supports children’s startups.

Finance

Mirae Asset Securities launches \'Sage Beyond\' platform for young business leaders

Mirae Asset Securities has launched Sage Beyond, a platform aimed at young leaders to share a vision for innovative growth. The company said a launch forum held on May 19 at the Four Seasons Hotel Seoul drew 140 leaders including entrepreneurs and second-generation executives. Mirae Asset Group Global Strategy Officer Park Hyeon-ju delivered the keynote. Mirae Asset Securities plans to expand the programme with regular forums, special seminars and tailored communities.