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Finance
Brokerages cut domestic branches and step up global push
South Korean brokerages are accelerating overseas expansion as mobile trading prompts further streamlining of domestic branches. As of end-2025, 16 firms operated 93 overseas outlets, up by 13 from a year earlier, while overseas subsidiaries’ net profit rose 67.8 percent. Domestic branches at the top 10 brokerages slipped to 438 as of March 31. Firms are widening foreign omnibus account services and building networks across the United States, Hong Kong, Southeast Asia and India.
Finance
KOSPI enters pause as financial sector faces pressure for inclusive finance
South Korea’s stock market has surged on an AI semiconductor rally, pushing the KOSPI above 8,000 for the first time and lifting market value to sixth in the world, ahead of Taiwan. Brokerages posted strong first-quarter results as trading rose. Caution is also growing over volatility after the sharp run-up. Separately, “inclusive finance” has emerged as a key issue as banks and financial groups face pressure to expand support for vulnerable borrowers and strengthen public responsibility.
Finance
Competition heats up in foreign integrated accounts as market eyes overseas retail inflows to Korean stocks
Foreign integrated account services that allow overseas retail investors to trade Korean stocks through local brokerage apps are expanding. Samsung Securities has launched a service with Interactive Brokers, while Hana Securities and Meritz Securities are widening partnerships in Asia and preparing a launch with Webull. Authorities have eased related rules, including scrapping the foreign investor registration system. Markets expect the change to raise accessibility over time rather than immediately shift flows.