Sold Nvidia and Switched to SK Hynix... 'Return-to-Domestic Market' Investors Maintain Preference for Blue-Chip Stocks

A significant number of customers who opened a "Return-to-Domestic Market Account (RIA)" have realized profits by selling major U.S. big tech stocks such as Nvidia, Apple, and Tesla, then reinvested those funds into domestic semiconductor stocks like SK Hynix and Samsung Electronics, as well as index ETFs.

Shinhan Securities announced on April 14 that, based on an analysis of transaction records of customers who opened an RIA account after its launch on March 23, this trend of capital movement was clearly observed. The RIA account is designed to allow investors to transfer profits from overseas stock investments back into the domestic market. It offers the benefit of deferring capital gains tax on overseas stock sales, as well as preferential commission rates for both domestic and overseas stock trading, and favorable exchange rates.

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As of April 3, among the overseas stocks transferred into Shinhan Securities' RIA accounts, the stock with the highest proportion of sales was Nvidia, accounting for 19.1% of all overseas stock sales. This was followed by Apple (7.8%), Tesla (7.4%), Alphabet A (6.8%), and Palantir Technologies (5.4%), confirming a clear trend of profit-taking centered on global AI and big tech stocks.

On the other hand, the most frequently purchased domestic stock by customers who sold overseas stocks was SK Hynix, with a purchase proportion of 15.7%. This was followed by Samsung Electronics (15.4%). Major domestic blue-chip stocks and index-tracking ETFs such as KODEX 200 (4.1%), Hyundai Motor Company (3.6%), and TIGER 200 (2.5%) also ranked among the top choices.

This is interpreted as the preference for global blue-chip big tech stocks seamlessly transitioning into domestic semiconductor and large-cap blue-chip stocks. In particular, it is analyzed that individual investors are increasingly using RIA accounts to enjoy tax benefits on overseas stock profits while also considering returns from domestic stock investments, signaling the start of strategic capital movement.

The average amount of overseas stocks transferred into RIA accounts by Shinhan Securities customers was approximately 30 million won, which is about 60% of the 50 million won transfer limit. Among these customers, 43.7% sold their overseas stocks, with each selling customer realizing an average profit of approximately 13 million won.

In terms of gender distribution among RIA account holders, males accounted for 65.3% and females for 34.7%. By age group, those in their 40s represented the largest proportion at 31.4%, followed by those in their 50s (26.2%), 30s (23.4%), 60 and above (11.9%), and 20s or younger (7.1%), indicating strong actual investment demand centered on the middle-aged demographic.

A Shinhan Securities representative stated, "Individual investors are flexibly using RIA accounts to transfer overseas stock profits into the domestic market in response to policy and market conditions. In particular, there is a clear trend of dispersing profits secured from AI and big tech stocks into domestic large-cap blue-chip stocks and index products."

Meanwhile, Shinhan Securities is holding an event for individual investors who open an RIA account, which will run until the end of June. Details can be found on the Shinhan Securities website.

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