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Search results for Korea Investment Trust Management

Finance

FSS expands inspection of Mirae Asset Securities to review SpaceX \'zero-share allocation\'

South Korea\'s Financial Supervisory Service is expanding its inspection of Mirae Asset Securities over a SpaceX IPO subscription that ended with a final allocation of zero shares. The review, initially focused on professional investor registration, is widening to include investor protection and internal controls. The watchdog is checking the full process from subscription to failed allocation, including investor notifications, subscription solicitation and marketing. Complaints have also been filed with the regulator.

Finance

South Korea stocks swing wildly as network separation rules ease

South Korean stocks remain highly volatile, with circuit breakers and sidecars triggered in turns as the won slides and authorities issue verbal warnings on speculative trading. Investors are watching the U.S. Federal Open Market Committee for signals on the rate path and currency moves. Interest in SpaceX’s listing is strong, though some Korean firms received no allocation. Household loans are rising again, prompting tighter controls, while AI adoption spreads across finance alongside growing security concerns.

Finance

Korea Investment Trust Management to join SpaceX IPO, add to space tech ETF

Korea Investment Trust Management will participate in SpaceX\'s initial public offering and plans to add allocated shares to a space-technology exchange-traded fund and a public fund it manages. The company said it will join the IPO ahead of SpaceX\'s planned listing on June 12 local time. It also plans additional purchases on the listing day and aims to raise SpaceX\'s weight in its ACE U.S. Space Tech Active ETF to as much as 25 percent.