Hi Investment & Securities Prays for the End of COVID-19...Donates 200 Million Won to Disaster Relief Association
[Asia Economy Reporter Park Jihwan] Hi Investment & Securities announced on the 20th that it donated over 200 million KRW from the 'COVID-19 Eradication Fund,' created to wish for the early end of the novel coronavirus infection (COVID-19), to the Hope Bridge National Disaster Relief Association.
This fund originated from an idea by CEO Kim Kyung-kyu. Amid the significant rebound of the domestic stock market, which had plummeted due to the COVID-19 pandemic, the inflow of funds and interest from individual investors improved brokerage revenue in the WM (Wealth Management) business, prompting the company to give back to society.
Hi Investment & Securities decided to allocate 1% of the net brokerage profit generated within the WM business from September to the end of last year to the fund, resulting in a total of 214 million KRW raised.
CEO Kim stated, "We realized voluntary returns to share the social pain caused by the prolonged COVID-19 quarantine," adding, "As a member of DGB Financial Group, recognized as an excellent ESG (Environment, Social, Governance) company, Hi Investment & Securities will continue to pursue win-win management that grows together with customers and uphold its corporate social responsibility."
Hot Picks Today
"Samsung and Hynix Were Once for the Underachievers"... Hyundai Motor Employee's Lament
- "Sold Everything Fearing Bankruptcy, Then It Soared 3,900 Times: How a Stock Once Feared for Delisting Became an AI Powerhouse"
- "All Major Corporations Could Leave"... Business Community Fears Overseas Factory Relocation Due to Strike Risks
- 1789 Capital Scales Up 17-Fold with Trump Jr.; Accelerates Investment in AI and Defense
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
Hi Investment & Securities has also engaged in voluntary employee donations and participation in the Good Landlord Movement last year. The company continues related social contribution activities, such as purchasing and donating local agricultural products, to fulfill ethical management and social responsibility.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.