Hyundai Securities opens subsidiary in Singapore

Home > Business > Finance

print dictionary print

Hyundai Securities opens subsidiary in Singapore


Hyundai Securities said it has opened a subsidiary in Singapore as part of efforts to seek new revenue outside of Korea, where the market has been struggling due to sluggish economic growth.

Hyundai Securities said its local subsidiary will operate two businesses - one managing hedge funds and the other specializing in trading derivatives and raw materials.

“We will break from the limited Korean market and aggressively invest in Asia,” said Hyundai Securities President Yoon Kyeong-eun.


Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now