China Investment Corp
Scope
Date
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E-commerce
Korea’s beauty wholesaler to invest $10 mn in fashion platform Balaan
South Korea’s cosmetics wholesaler Silicon2 Co. is set to invest $10 million in financially troubled luxury fashion e-commerce platform operat...
Mar 04, 2025 (Gmt+09:00)
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Economy
S.Korea’s factory output dips in January; Retail sales, investment slow
South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...
Mar 04, 2025 (Gmt+09:00)
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Korean food
China under spell of Korean spicy instant noodles; Samyang leads
South Korea’s spicy instant noodles are poised to captivate China, the world’s largest ramen market, with their shipments to the neighbo...
Mar 03, 2025 (Gmt+09:00)
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Economy
Korea’s weak exports add to Trump tariff risk woes
South Korea’s exports in the first two months skidded as sales to the world’s two largest economies China and the US fell, adding to con...
Mar 02, 2025 (Gmt+09:00)
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Pension funds
S.Korea’s pension fund NPS posts record return in 2024 on US stock rally
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, said on ...
Feb 28, 2025 (Gmt+09:00)
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Steel
Dongkuk to file anti-dumping petition vs Chinese color steel imports
Dongkuk Coated Metal Co. and SeAh Steel Corp. are set to file an anti-dumping complaint against Chinese rivals in March as the country plans to impo...
Feb 27, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor sets up AI research arm CoMo China
Hyundai Motor Co. in December established CoMo China in Shanghai to spearhead artificial intelligence research and development in its push for softw...
Feb 24, 2025 (Gmt+09:00)
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Alternative investments
Korea Investment & Securities aims to be Asia's top securities firm
Korea Investment & Securities Co. will step up its asset management business by launching innovative global investment products, aiming to surpa...
Feb 20, 2025 (Gmt+09:00)
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Business & Politics
China likely to lift ban on South Korea’s K-wave as early as May
BEIJING – China will likely lift its ban on Hallyu, or Korean popular culture in the country, as early as May, moving away from its “wol...
Feb 19, 2025 (Gmt+09:00)
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Steel
Korea to probe Chinese, Japanese steel imports over anti-dumping claims
South Korea is set to launch an anti-dumping investigation into hot-rolled steel imports from China and Japan, according to government and industry ...
Feb 19, 2025 (Gmt+09:00)
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Real estate
Beauty giant CJ Olive Young to buy Seoul office building for $472 mn
CJ Olive Young Corp., South Korea’s top beauty store chain, has been given priority rights to buy an office building in Seoul for about 680 bi...
Feb 19, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor launches future strategy division overseeing M&As
Hyundai Motor Group has created a future business strategy division that serves as a control tower for the automotive group’s expansion into n...
Feb 16, 2025 (Gmt+09:00)
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Private equity
EQT targets healthcare, technology, business service providers in Korea
EQT, the largest private equity firm in Europe, is setting its sights on healthcare, technology companies and business service providers in South Ko...
Feb 14, 2025 (Gmt+09:00)
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Real estate
PAG raises $4 bn for opportunistic Asia real estate fund
PAG, an Asia Pacific-focused alternative investment firm, on Friday announced the final close of its 10th opportunistic real estate fund at $4 billi...
Feb 14, 2025 (Gmt+09:00)
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Pension funds
Korea to let securities firms manage $43 bn public fund investment pool
South Korea said on Wednesday it aims to boost returns on 62.1 billion won ($42.7 billion) in the public fund investment pool by entrusting some of ...
Feb 12, 2025 (Gmt+09:00)
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Leadership & Management
Mirae Asset prepares bitcoin covered call ETF launch: chairman
Mirae Asset Financial Group is preparing to launch a bitcoin covered call exchange traded fund (ETF) for global investors to foray into the cryptocu...
Feb 11, 2025 (Gmt+09:00)
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Private equity
Glenwood Credit stresses role as reliable financial partner: CEO Lee
Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or...
Feb 11, 2025 (Gmt+09:00)
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Real estate
Sale of Doosan Tower attracts bids from IGIS, Kiwoom, Korea Investment
The much-anticipated sale of Doosan Tower in Seoul’s central business district (CBD) has attracted bids from three interested parties – ...
Feb 10, 2025 (Gmt+09:00)
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Asset management
US Capital Group raises stake in South Korea’s LS Electric
Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset ma...
Feb 07, 2025 (Gmt+09:00)
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Korean stock market
Samsung Biologics shares fly high to be Korea’s third most valuable firm
Samsung Biologics Co., the world’s largest contract drugmaker, has become South Korea’s third most valuable stock on the country’s...
Feb 07, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korean beauty giants Amorepacific, LG H&H come back from China woes
South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business p...
Feb 06, 2025 (Gmt+09:00)
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Artificial intelligence
OpenAI, SoftBank tap Samsung for Stargate AI initiative
Samsung Electronics Co. Chairman Lee Jae-yong discussed potential collaboration on the Stargate AI initiative with OpenAI co-founder and CEO Sam Alt...
Feb 04, 2025 (Gmt+09:00)
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Corporate restructuring
POSCO seeks $1 bn restructuring amid weak steel, battery materials sectors
South Korea’s POSCO Holdings Inc. said on Monday it plans to sell 61 unprofitable and non-core assets to raise 1.5 trillion won ($1 billion) a...
Feb 04, 2025 (Gmt+09:00)
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Leadership & Management
Samsung set to rebuild with leader Lee cleared of all charges
Samsung Electronics Co. Chairman Lee Jae-yong was found not guilty of accounting fraud, stock manipulation and other criminal charges by a Seoul app...
Feb 03, 2025 (Gmt+09:00)
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Economy
Korean exports snap 15 months of gains in Jan despite higher chip sales
South Korea’s exports dropped in January on-year for the first time in 16 months due to more holiday days in the month, although overseas sale...
Feb 02, 2025 (Gmt+09:00)
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Retail
Korean sportswear brand Fila thrives in China, boding well for 2025 profit
South Korean sportswear brand Fila Holdings Corp. posted a loss in the fourth quarter of last year, hit by the downturn in the apparel industry and ...
Jan 31, 2025 (Gmt+09:00)
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Bio & Pharma
Partners Investment, GordonMD eye $150 mn biotech fund launch
South Korean venture capital firm Partners Investment said on Thursday it will raise up to 215.5 billion won ($150 million) in a biotech fund jointl...
Jan 23, 2025 (Gmt+09:00)
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Investment banking
MBK’s ByungJu Kim, UBS’ Kyungin Lee: Most influential in capital market
Michael ByungJu Kim, co-founder, partner and chairman of Northeast Asia-focused private equity firm MBK Partners Ltd., and Kyungin David Lee, UBS Gl...
Jan 20, 2025 (Gmt+09:00)
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Deals
IMM PE exits Woori Financial with double-digit return
IMM Private Equity has divested its remaining 1.38% stake in Woori Financial Group for 166.4 billion won ($115 million), exiting the South Korean fi...
Jan 20, 2025 (Gmt+09:00)
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Banking & Finance
Hana Financial, Bain Capital to expand investment in S.Korea
South Korean Hana Financial Group and the US-based global well-known private equity fund (PEF) Bain Capital plan to strengthen their strategic par...
Jan 20, 2025 (Gmt+09:00)
Latest News
- 1 NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
- 2 Woori Financial wins approval for Tongyang, ABL Life acquisition
- 3 BMW surpasses Mercedes in Korean sales amid imported vehicle market shake-up
- 4 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 5 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion