Search results for special bonds
Finance
Foreigners net sell 43.5 trillion won in stocks in March, withdraw 10.9 trillion won from bonds
Foreign investors withdrew large sums from both South Korea\'s stock and bond markets in March, the Financial Supervisory Service said. They net sold 43.5 trillion won of listed stocks and made a net withdrawal of 10.9 trillion won from listed bonds, bringing the total to 54.4 trillion won. Foreign holdings at end-March totalled 1,900 trillion won in listed securities, including 1,576.2 trillion won in stocks and 323.8 trillion won in bonds.
Industry
China formalises 2030 semiconductor self-reliance strategy; Korean firms face benefits and threats
China has formalised a strategy to foster semiconductors and AI with state capital, including issuing 1.3 trillion yuan in ultra-long special bonds and investing more than 7 trillion yuan in power grids and AI computing infrastructure. It also raised budget spending and set targets for higher R&D outlays through 2026-2030. For South Korea’s chip industry, demand for advanced memory such as HBM may hold up in the near term, while China’s drive for integrated-circuit self-sufficiency could erode market share over time.
Finance
Shinhan Bank to write off 269.4 billion won in time-barred special bonds for vulnerable groups
Shinhan Bank said on Jan. 28 it will write off 269.4 billion won in special bonds for which it waived the statute of limitations, as part of inclusive finance to protect financial consumers and help low-income and vulnerable groups restore normal banking. The move targets debtors with claims under 20 million won and socially vulnerable groups, including basic livelihood recipients, small business owners in crisis, people with disabilities and older people. A total of 3,395 people will benefit.