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Investors in South Korea pay record fees for equity underwriting
... been historically and a continuation of Korea 's capital markets more active, said Gregor Feige , JPMorgan co-head of Asia excluding Japan , ECM . Big listings like HYBE Co Ltd , manager of global boy band phenomenon BTS , and E-commerce giant Coupang Inc in the United States have sharpened global investor focus on Korea , Feige said. Global banks with their overseas networks are typically better positioned to tap large foreign investors for equity issuance. As a result, JPMorgan and Goldman Sachs ...
Updated: 08/17/2021
X-Factor Inc. founder Chang Byung-gyu explains why South Korea is going global
... billion in its initial public offering, pulling off the largest debut of the country in over a decade. Despite dropping nearly a fifth since its listing, the $17.4 billion company is one of a growing number of entrepreneurs, including the likes of Coupang Inc. and Kakao Corp. that are taking on sprawling family-owned conglomerates that have long dominated Korea 's economy known as chaebols. In an exclusive interview, 48-year-old Chang told South Korean startups that are more aggressive than the ones ...
Updated: 08/12/2021
Masayoshi Son to take personal investments with SoftBank
... a strong run as a worldwide surge in technology shares boosted Vision Fund's profit to new records for three consecutive quarters in the last fiscal year. Since then, some of the biggest hits have surrendered gains with South Korean e-commerce giant Coupang Inc. plunging by about 20% Now a tech sector crackdown by Chinese regulators is threatening to push Vision Fund's earnings into the red in the current quarter. SoftBank reported a $4.3 billion loss in Coupang's valuation, while a quarter earlier it had ...
Updated: 08/11/2021
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