Search results for RISE ETF
People & Moves
KB Asset Management supports small merchants in Banghwa-dong with RISE ETF-linked programme
KB Asset Management is launching support for small local merchants linked to its exchange-traded fund brand, RISE ETF. The company said it carried out a programme on June 23 for small merchants in Banghwa-dong in Seoul’s Gangseo district. Working with Good Neighbors’ Seoul Central-South branch, it operated two programmes, including replacing old shop signs with LED signs and delivering support kits such as aprons and fire extinguishers.
Finance
Samsung Electronics, SK Hynix leveraged ETF launch nears as fee war begins
South Korea’s securities industry is set to list single-stock leveraged and inverse ETFs tracking Samsung Electronics and SK Hynix, triggering a competition among asset managers over fees. Eight managers plan to list 16 products on May 27, including 14 leveraged ETFs and two inverse ETFs, the first such listings in the country. Fee levels vary widely, but the products are geared toward short-term trading, making trading costs and market-making quality key considerations.
Finance
Stablecoin race for control spreads, KOSPI nears 7,000
Competition over global payment infrastructure centered on stablecoins is spreading across the financial industry. Hana Financial Group is moving to cooperate on blockchain-based remittances with Dunamu and POSCO International, while Visa is expanding its stablecoin pilot and adding five more blockchains. U.S. banks are calling for stronger in-house blockchain strategies, and Shinhan Card is expanding a Solana-linked proof-of-concept. Markets also remain strong, with the KOSPI holding above 6,600 and repeatedly hitting record highs.
