[Market Focus] Mirae Asset Venture Investment Hits Record High on Hopes for 40 Trillion Won Venture Investment Boost
Mirae Asset Venture Investment is showing strong performance in early trading. The company is attracting investor interest as analysts expect it to benefit from the venture investment promotion pledges made by the Lee Jaemyung administration.
As of 9:07 a.m. on June 9, Mirae Asset Venture Investment was trading at 7,060 won, up 11.18% (710 won) from the previous trading day. At one point during the session, the stock surged to 7,300 won, setting a new 52-week high.
On this day, securities industry analysts noted that the Lee Jaemyung administration has proposed several policy initiatives to foster the annual 40 trillion won venture investment market. These include allowing retirement pensions to invest in venture capital, expanding commitments from pension funds to venture funds, and increasing tax deductions for private venture fund-of-funds investments. Against this backdrop, Mirae Asset Venture Investment is expected to play a leading role in AI (artificial intelligence)-related investments.
Lee Sangheon, a researcher at iM Securities, stated, "Mirae Asset Venture Investment has invested a cumulative total of over 257.9 billion won in companies within the AI value chain through its existing funds, and investments in AI-related companies accounted for 43% of its total investments in 2024." He added, "Since the Lee Jaemyung administration has set a goal for Korea to become one of the world's top three AI powerhouses and proposed 100 trillion won in AI investments, various government-led AI funds and institutional investors' AI-related LP investment projects are expected to be launched, and the company is anticipated to be the biggest beneficiary."
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As of the end of last year, the allowance of venture investments for retirement pensions, which totaled 431.7 trillion won, is also expected to serve as a catalyst for large-scale inflows of capital into major venture capital firms.
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