Samsung Securities: "Listed Company CEOs to Increase Stock Holdings Next Year as Well"

Survey Results of Listed Company Executives Show 64.6% Intend to Increase Stock Holdings
16.5% Expect Arrival of 'KOSPI 3000 Era,' Indicating Positive Stock Market Outlook

[Asia Economy Reporter Song Hwajeong] Domestic listed company executives are expected to continue to view stocks as the most promising investment vehicle in 2021, as the stock market boom persists.

Samsung Securities announced on the 15th that, according to a survey conducted earlier this month among participants of the online forum 'Listed Companies Untact Summit,' 64.6% of respondents identified stocks as the asset they personally want to increase their allocation in next year.

In contrast, only 10% expressed an intention to increase their allocation in real estate, a traditionally preferred asset among the wealthy.

The Untact Summit is the largest online forum for listed companies operated by Samsung Securities, targeting over 1,300 domestic listed company CEOs and CFOs.

Among executives who chose stocks as the asset to increase allocation in the coming year, 56.2% selected domestic stocks, and 30.4% chose advanced foreign stocks, indicating that despite the strength of domestic stocks, demand for expanding global portfolios remains high. When asked about the highest KOSPI index level next year, 42.5% of executives chose the 2800?3000 range, and 16.6% selected above 3000, showing that despite this year's strong stock performance, nearly 60% hold a positive outlook that next year will be even better.

The most promising investment sectors were semiconductors (22.6%), pharmaceuticals and bio (19.9%), and secondary batteries and displays (16.4%), reflecting high expectations for so-called advanced technology industries in which domestic companies have global competitiveness.

The biggest variables for next year's investment were identified as COVID-19 and the United States. When asked about key variables, 38.6% cited the continuation of the COVID crisis, and 46.3% selected U.S.-related issues such as U.S.-China conflicts, won-dollar exchange rates, and U.S. new government policies.

When asked about the outlook for the business environment of their own companies next year, 36.6% responded that it would be better than this year, higher than the 20.7% who expected it to be worse. However, 42.7% anticipated it would be similar to this year, revealing management concerns about the prolonged COVID situation.

In this survey, 38.6% of respondents chose 'Analyst Industry Outlook' as the consulting they desire from Samsung Securities, indicating that they want insights into changing industry trends as much as investment information from financial firms.

Sa Jaehoon, Head of Channel Sales Division at Samsung Securities, said, "This year, due to economic environment changes caused by COVID and the money move phenomenon, information demand from CEOs and CFOs is rapidly expanding beyond simple investment information to industry trends. Samsung Securities will establish itself as a knowledge partner that helps not only executives' personal investments and corporate fund management but also overall corporate management by timely providing promising industry information suited to rapidly changing innovation trends through non-face-to-face (untact) channels."

This content was produced with the assistance of AI translation services.