6 stories mentioning KRX:001500Updated just now
Every FINWIRES story that references KRX:001500, newest first.
Hyundai Motor Securities (KRX:001500) said it will offer 5 billion won of non-principal-protected, very-high-risk equity-linked 2736 series securities, according to a Tuesday filing with the Korea Exchange.The South Korea-based company said the subscription is scheduled for Sept. 14 to Sept. 21, with payments due Sept. 22, and the offering will be available through its branches.
Kia Corporation (KRX:000270) said that it purchased a 30 billion won money market trust from affiliate Hyundai Motor Securities (KRX:001500) in a related party transaction, according to a Wednesday filing with the Korean Exchange.The South Korean automobile manufacturer said the transaction, with maturity due Nov. 12, carries a market-based interest rate and will help improve profitability.The company's cumulative transactions with Hyundai Motor Securities during the current fiscal year totaled 335 billion won.
Hyundai Motor (KRX:005380) invested 70 billion won in a money market trust (MMT) issued by affiliate Hyundai Motor Securities (KRX:001500) on Wednesday, according to a same-day filing with the Korean Exchange.The investment will mature on Oct. 29 and has an interest rate linked to market rates. The investment is aimed at better fund management and profitability enhancement, the filing said.Cumulative transactions with Hyundai Motor Securities in the current fiscal year stand at 305 billion won, it said.Shares of Hyundai Motor fell 2% in recent trade.
Hyundai Mobis (KRX:012330) will raise up to 500 billion won in fund management transactions and up to 200 billion won via corporate bond-related financing with Hyundai Motor Securities (KRX:001500) in the October-December period, according to a Friday filing with the Korean Exchange.The transaction will be conducted at market interest rates to enhance profitability and better fund management.Shares of Hyundai Mobis fell over 7% in recent trade, while those of Hyundai Motor Securities declined more than 8%.
South Korean stocks closed higher on Tuesday, led by gains in technology stocks, although investor sentiment remained cautious amid renewed Middle East tensions and uncertainty over the AI sector's outlook. Shares of market heavyweights Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) closed over 3% and nearly 4% at market close.The Korea Composite Stock Price Index, or Kospi, increased by 49.9 points, or 0.7%, to end at 6,856.83. The Kosdaq fell by 15.38 points, or 1.9%, to close at 783.98.In economic news, the Bank of Korea is projected to raise its benchmark interest rate by 25 basis points to 2.75% at its upcoming monetary policy meeting on Thursday, according to a Reuters poll of economists published on Tuesday.The move would mark the central bank's first interest rate hike in more than three years.Out of 37 economists surveyed by Reuters between July 7 and July 13, 36 forecast a rate increase this week.Driven by persistent inflation pressures that remain well above the central bank's 2% target, the majority of economists also expect policymakers to implement an additional rate hike before the end of 2026.On the corporate front, Hyundai Motor Securities (KRX:001500) will issue a derivative-linked bond worth 5 billion won, the company said in a Monday filing with the Korea Exchange.Subscriptions and payment are scheduled for Wednesday, July 15.Shares of Hyundai Motor Securities fell nearly 2% at market close.
Hyundai Motor Securities (KRX:001500) will issue a derivative-linked bond worth 5 billion won, the company said in a Monday filing with the Korea Exchange.Subscriptions and payment are scheduled for Wednesday, July 15.Shares of Hyundai Motor Securities fell more than 1% in recent trade.
