Mirae Asset Achieves 250 Billion Won in Customer Balances for Domestic Market Repatriation Accounts

Balance Surpasses 250 Billion Won Just One Month After System Implementation

Mirae Asset Achieves 250 Billion Won in Customer Balances for Domestic Market Repatriation Accounts 원본보기 아이콘

Mirae Asset Securities announced on April 27 that the cumulative balance (net inflow plus returns) of the Domestic Market Repatriation Account (RIA) has surpassed 250 billion won just one month after the system was implemented.


Since the system was introduced on March 23, the balance of Mirae Asset Securities' RIA has shown a steady increase. It started at 14.7 billion won on the first day, reached 100 billion won in the second week, and achieved 200 billion won in less than a month.


To date, the cumulative amount of overseas stock sales has exceeded 120 billion won. The company emphasized that this demonstrates the occurrence of substantial fund repatriation, in line with the system's original intent.


Among stocks being reinvested into the domestic market after overseas stock sales, Samsung Electronics and SK hynix have been the most actively chosen, ranking first and second, respectively, among semiconductor blue-chip stocks. This trend appears to be influenced by the recent strength of the KOSPI and expectations for a recovery in the semiconductor industry, which have affected the stock choices of individual investors returning to the Korean stock market.


The RIA is a special account temporarily introduced by the government in 2026 to encourage funds previously invested in overseas stocks to return to the domestic capital market. It was designed to ease the outflow of domestic funds abroad under a prolonged high exchange rate environment, as well as to stabilize the foreign exchange market and revitalize the domestic capital market.


A representative from Mirae Asset Securities stated, "Achieving a cumulative balance of 250 billion won in just one month is evidence that many investors recognize the value of the RIA system. As a leading company in Korea’s securities industry, Mirae Asset Securities is actively participating in the government’s policies to stabilize the foreign exchange market and invigorate the domestic capital market. We will continue to strengthen our guidance and service systems so that customers can easily utilize the RIA and enjoy tax benefits."

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.