SEOUL, South Korea , April 19, 2024 /PRNewswire/ -- Shinhan Financial Group (NYSE: SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission (SEC) on April 18, 2024 . The report is available at Shinhan Financial Group's Homepage, http://www.shinhangroup.com/en/invest/filing/oversea_filing02.jsp , as well as...

... percent. Top automaker Hyundai Motor dropped 0.83 percent, its smaller affiliate Kia retreated 1.43 percent, and its auto parts making affiliate Hyundai Mobis plunged 3.78 percent. Battery and financial shares also lost ground. Leading battery maker LG Energy Solution dipped 0.53 percent, Samsung SDI went down 0.74 percent, and Posco Future M pulled back 1.42 percent. KB Financial Group, Shinhan Financial Group and Hana Financial Group tumbled 3.22 percent, 1.97 percent and 3.79 percent, respectively. Internet portal operator Naver and chemical producer LG Chem were amon...

...ttery shares were mixed. Leader LG Energy Solution moved up 1.6 percent to 380,000 won and Posco Future M 0.89 percent to 282,500 won, but Samsung SDI dropped 0.85 percent to 407,500 won. IT and financial shares went south. Internet portal operator Naver sank 2.86 percent to 183,600 won, and Kakao, the operator of the country's top mobile messenger, slid 2.44 percent to 48,050 won. KB Financial Group and Shinhan Financial Group both lost more than 1.1 percent to close at 68,300 won and 43,100 won, respectively. Samsung Life Insurance plunged 5.03 percent to 85,000 won. The local curre...

.... Top automaker Hyundai Motor lost 1.32 percent, and its smaller affiliate Kia dropped 1.11 percent. Bio giant Samsung Biologics slid 2.24 percent, and Celltrion retreated 1.54 percent. IT and financial shares took a big blow. Internet operator Naver went down 2.38 percent, and Kakao, the operator of the country's top mobile messenger, decreased 2.54 percent. KB Financial Group, Shinhan Financial Group and Hana Financial Group dropped 4.78 percent, 3.44 percent and 4.13 percent, respectively. Samsung C&T plummeted 6.63 percent. But battery maker Samsung SDI gai...

... 232,500 won, and its smaller affiliate Kia soared 3.33 percent to 108,500 won. Bio giant Samsung Biologics gained 0.25 percent to 815,000 won, and Celltrion shot up 6.2 percent to 188,500 won. Financial shares also gained ground, with KB Financial Group up 0.29 percent to 69,300 won, Shinhan Financial Group up 0.68 percent to 44,400 won, and Hana Financial Group up 2.42 percent to 59,200 won. But battery shares were mixed. Leading battery maker LG Energy Solution dropped 0.8 percen...

...sday that it successfully secured an equity investment agreement with Mumbai-based HDFC Credila Financial Services the previous day. As per the agreement, Credila will undergo a capital increase, wit...quarters recorded 10 billion won in profit, up 117 percent from 4.6 billion the previous year. "Shinhan Bank's Global Business Group aims to accelerate qualitative growth by prioritizing a balanced a...

Hyundai Motor Group has become the largest shareholder of the nation's telecom giant, KT Corp. -- a rare move that is driving speculation about the carmaker's investment strategy and the possible imp... 7.89 percent stake in KT. They each hold stakes of 4.75 percent and 3.14 percent, respectively. Shinhan Financial Group is KT's third-largest shareholder with a 5.55 percent stake. Following the upd...

South Korean financial groups have undergone a transition in their board composition, indicating governance changes centering on gender diversity and internal control. Given that a financial holding...n March, the number of female board directors at Korea’s four major bank holding companies – KB Financial Group, Shinhan Financial Group, Hana Financial Group and Woori Financial Group -- increased to...

...t its chipmaking rival SK hynix added 0.91 percent. Top carmaker Hyundai Motor rose 1.25 percent, but its sister Kia fell 1.05 percent. Leading battery maker LG Energy Solution gained 1.11 percent, but leading banking group Shinhan Financial Group slumped 3.92 percent. The local currency was trading at 1,343.45 won against the US dollar, down 3.95 won from the previous session's close. (Yonhap)

...ant portion of Korea’s demographics amid the nation's continued population decline, local lenders are looking to woo foreign customers through designated communication channels. Korea's top four financial groups -- KB, Shinhan, Hana and Woori -- all provide customized services for foreign residents here, with separate counters, branches, or call centers. Woori and Hana run five and 16 branches dedicated to foreigners,...

...s, while individuals scooped up a net 330.3 billion won. On Thursday, the KOSPI hit a nearly two-year high, backed by growing hopes for US rate cuts in the near future. "Semiconductor, auto and financial shares, which had led last week's rally, lost ground due to profit-taking, but the loss was almost offset by an increase in bio and entertainment shares," said Lee Jae-won, an analyst from Shinhan Securities. Techs, autos and banking shares led the overall market decline. Top chipmaker Samsung Electronics retreated 0.89 percent to 78,200 won, and runner-up chipmaker SK hynix skidded 0.24...

...ock market.” Among the top 10 shares on the Kospi, the stocks of leading automaker Hyundai Motor Group and tech heavyweight Samsung Electronics advanced 2.9 percent and 0.8 percent, respectively. Sha...ares, assessed to be some of the most undervalued stocks here, rallied. Shares of all four top financial groups here advanced, with KB Financial Group stocks rising by 5.9 percent, Shinhan by 4.6 per...

...ng Kong stock market index, sold by local lenders. Earlier in the day, the country’s regulator Financial Supervisory Service advised banks and securities firms to compensate for losses incurred from ...nd comprehensive debt and resource management to companies. Cho, former chair of the country’s financial conglomerate Shinhan Financial Group, said that the KFB’s key role would be laying the foundat...

...won and its chipmaking rival SK hynix sank 3.08 percent to 166,600 won. Top carmaker Hyundai Motor slumped 3.75 percent to 243,500 won, and its sister Kia decreased 1.71 percent to 126,200 won. Financial and retail stocks, which have been regarded as low PBR stocks, ended in negative territory. Woori Financial Group slid 0.28 percent to 14,250 won, and KB Financial Group dropped 0.28 percent to 70,700 won. Leading retailer Lotte Shopping moved down 0.13 percent to 75,600 won, and its rival Shinsegae ...

Shinhan Financial Group Chairman Jin Ok-dong highlighted the need to nurture female leaders during the 2024 Shinhan SHeroes Conference held at the group’s headquarters in central Seoul on Friday. The conference celebrated the launch of the seventh class of Shinhan SHeroes, an in-house leadership training program for women. "Female leaders are individuals responsible for promoting diversity," Jin ...