A Platform for Information Exchange Between Companies and Investors... Korea Investment & Securities Hosts 'KGIC 2023'
Korea Investment & Securities held the 'KIS Global Investor Conference 2023 (KGIC 2023)' at the Conrad Hotel in Yeouido, Seoul, from the 22nd to the 23rd of last month. It is a global IR conference designed to facilitate information exchange between companies and investors.
For the past 15 years, Korea Investment & Securities has hosted KGIC annually in major cities around the world such as Hong Kong, Singapore, New York, and London, creating a platform for interaction between leading domestic companies and overseas institutional investors.
This year’s KGIC, held for the first time in Korea, was attended by about 180 participants from 87 domestic and international companies and institutional investors. Seventy-seven companies representing various industries, including Samsung Electronics and Hyundai Motor Group, held corporate presentations. Ten overseas companies, including Gravity (USA), Dragon Capital (Vietnam), and Telkom Indonesia (Indonesia), also participated.
Alongside meetings between companies and investors, expert sessions were conducted. Kim Gyusik, Chairman of the Board at SM Entertainment, gave a lecture on domestic activism, and Koo Bonwoong, Head of the Lithium Business Promotion Team at POSCO Holdings, discussed the current status and future prospects of the lithium industry. Lectures by Kim Jinyoung, CEO of MetisX, and Lim Wantak, Head of Strategic Planning at Konan Technology, followed. Group discussions featuring representatives from four domestic asset management firms, including KCGI and Align Partners, were also held.
Lee Bokhyun, Governor of the Financial Supervisory Service, who attended the event, said in his congratulatory remarks, "I consider it meaningful that a large-scale international event promoting mutual exchange and benefits between companies and investors under private leadership has been held in Seoul, a global financial hub." He added, "The government and financial authorities will also do their utmost to enhance global investors’ access to the Korean capital market."
The Governor emphasized his commitment to innovating regulations, which are considered a major cause of the 'Korea Discount.' With Korea Investment & Securities serving as a bridge for domestic and international investment, it is expected to contribute to addressing the immediate challenges of the domestic capital market, including the overseas expansion of domestic financial firms and resolving the 'Korea Discount.' Financial authorities are working hard this year to promote 'K-Finance' through overseas IR activities.
Korea Investment & Securities plans to expand IR conferences that invite overseas companies and investors to Korea, starting with this year’s event. Beyond conferences focused on domestic companies, the goal is to create a platform where the global market can come together, establishing KGIC as a representative international IR conference of Korea.
In his opening speech, President Jung Ilmoon said, "This event marks a meaningful first step in creating new synergies based on the trust and networks Korea Investment & Securities has built in the global market." He added, "In an uncertain market, a reliable partner is an invaluable asset, and we will support building good relationships with sound partners."
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