Shinhan Financial Investment Launches 'Definite Happiness with Fractional Investing' Event for Overseas Stocks

[Asia Economy Reporter Minji Lee] Shinhan Financial Investment announced on the 10th that it will hold the overseas stock "Sure Happiness with Fractional Investment" event, which offers various benefits when you guess the weekly top-performing overseas stock and invest in fractional shares.

Running weekly until March 7, this event will be held over 8 rounds in 8 weeks on Shinhan Financial Group’s One-Shinhan financial platform, "Shinhan Plus." Participants select the stock expected to have the highest weekly return among 9 selected leading U.S. stocks each week and invest fractionally to enter the draw. Investors in the first-place stock will be eligible for a lottery each round to win up to 1 million My Shinhan Points, AirPods, chicken, and other prizes.

Additionally, participants who join at least 4 out of the 8 rounds will receive 1,000 My Shinhan Points. New overseas stock customers who participate in the event will also receive 2,000 My Shinhan Points on a first-come, first-served basis.

Shinhan Financial Investment’s overseas stock fractional investment service was the first in the industry to be designated as an innovative financial business operator in 2018. The "Overseas Stock Fractional Investment" service allows easy purchase of overseas stocks through a mobile channel as if using SNS, enabling the purchase of over 380 U.S.-listed stocks. An automatic currency exchange system is applied at the time of purchase, eliminating the hassle of pre-exchanging to dollars.

Shinhan Financial Investment offers various overseas stock investment features. There is the "Overseas Stock Plan yes Service," which automatically invests fractionally in designated stocks monthly and automatically sells when the target return is achieved. There is also the "Stockcon" service, which allows easy gifting of overseas stock gift certificates in small amounts, and the "Stockback" service, which enables purchasing overseas stocks with points.

Yang Jin-geun, Head of Retail Strategy at Shinhan Financial Investment, said, "We prepared the overseas stock fractional investment event to welcome the new year," adding, "Shinhan Financial Investment was the first company in Korea to launch the overseas stock fractional investment service, and we will continue to introduce easier, more comfortable, and newer financial services."

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