Naver Mobile Securities 'Overseas Stock Service' Launch
[Asia Economy Reporter Buaeri] Naver Mobile Securities announced on the 11th that it will newly open a service for overseas stock listings.
The newly launched "Overseas Stock Listings" service provides corporate information, discussion boards, and financial statements for major indices and over 22,000 stocks from five countries: the United States, China, Japan, Hong Kong, and Vietnam. Expansion to Europe and other regions is also planned in the future.
This service, designed for the growing number of overseas stock investors, offers fast and reliable news by translating foreign news sources using Papago. Additionally, to create in-depth analysis materials, Naver Securities plans to collaborate with the global research firm Morningstar to introduce the status and outlook of 150 major U.S. stocks.
The Overseas Stock Listings service allows searches by overseas stock codes, Korean and English stock names, as well as keyword searches such as "Top U.S. Market Capitalization Stocks" and "Dividend ETFs."
It also features functions to convert annual and quarterly financial statements into Korean won and to match industry-specific databases (DB) for both overseas and domestic stocks.
By securing past 10 years of price data from each overseas exchange, the service provides comprehensive overseas stock information including common stocks, DRs (Depositary Receipts), preferred stocks, and a thematic classification service for 2,200 U.S. ETFs.
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Lee Jang-wook, leader of Naver Securities, said, "Although interest in overseas stocks is increasing, it is true that Naver Securities has only provided services for domestic stocks so far. We will do our best to continuously expand content not only on stock price information for overseas stocks but also on in-depth analysis materials to become a valuable investment guide for our customers."
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