Hi Investment & Securities Opens Customized Portfolio Service 'Zenport'

[Asia Economy Reporter Minji Lee] Hi Investment & Securities announced on the 17th that it has launched the ‘Genport’ service to strengthen customer asset management services.

Genport is a service provided by NewGStock, an online asset management fintech company, which allows individual investors to create customized stock trading portfolios for use in trading.

Investors can easily build their own investment strategies using over 600 factors including fundamentals, and can also utilize various investment strategies provided by NewGStock. The established strategies can be verified through backtesting using historical data, and can be directly applied to trading by linking with actual accounts.

Hi Investment & Securities offers the service free of charge to all customers holding balances in stock accounts, and applies a stock trading commission rate of 0.0125% when using Genport.

Investors wishing to use the service can apply for Genport service registration on the Hi Investment & Securities website and then install the program on their personal PC through the Genport website. Up to 10 accounts can be registered, and different strategies can be applied to each of the 10 accounts.

Hi Investment & Securities President Hong Won-sik and NewGStock founder Moon Hong-jip joined the Genport service as the first and second users respectively on the day, raising expectations for the service’s success.

President Hong Won-sik of Hi Investment & Securities, who showed great interest and registered as the first user, stated, “This service was launched to expand useful asset management tools for investors,” adding, “It will be an attractive and useful service for investors who want to utilize their own unique investment strategies.”

Moon Hong-jip, founder of NewGStock and the second registered customer, said, “As the number of investors creating higher-level portfolios is rapidly increasing compared to before, I am pleased that the number of securities firms partnering with the Genport service is expanding.”

Meanwhile, the first 500 customers who register for the service by November 11 will receive a Starbucks coffee coupon worth 5,000 KRW. In December, an offline seminar will also be held to share portfolio management know-how by inviting outstanding Genport customers.

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