00:02It's Friday, October 30. Here's what investors are watching in Korea today.
00:09Miri Asset Securities is acquiring Japan's Sanko Securities for 47.6 billion won,
00:16roughly 35.6 million US dollars, marking its formal entry into Japan's retail brokerage market.
00:24Samsung SDI has swung to profit after 12 consecutive negative quarters,
00:30posting 407.8 billion won in Q3 operating income on surging AI data center energy storage demand.
00:39And a compliance controversy is emerging in Korea's ETF market after a domestic fund was
00:46flagged for embedding triple leveraged exposure well beyond its disclosed product category.
00:52Miri Asset has been building a global brokerage and wealth management network across Asia,
00:59the US, and Europe for over a decade, using targeted acquisitions to gain direct
01:04retail access in new markets. Samsung SDI's 12-quarter earnings drought breaking in Q3
01:11is a sector signal. AIDC-driven ESS demand is becoming a structural recovery engine for the
01:18Korean battery supply chain, not just a one-quarter bounce. And the NH Amundi ETS compliance issue,
01:25if regulatory action follows, will set a new standard for how leveraged exposure must be
01:31disclosed across Korea's entire fund industry. Here's what the numbers show. 47.6 billion won,
01:39approximately 35.6 million US dollars at 1,337 won to the dollar, is Miri Asset's acquisition price for
01:49Sanko Securities, a retail brokerage group based in Osaka, Japan. Miri Asset's overseas subsidiaries
01:56posted 243.2 billion won in first half 2026 pre-tax profit, accelerating sharply against the prior
02:05year pace. Separately, Samsung SDI reported Q3 operating profit of 407.8 billion won, the first
02:14positive quarter in 12, powered by AIDC energy storage orders exceeding 60 gigawatt hours.
02:22Also Friday, Korean fashion group FNF confirmed due diligence on a potential acquisition of the
02:29tailor-made golf brand, currently valued at approximately 4 trillion won, around 3 billion US
02:36dollars. So what does this mean for investors watching the Korean market today? Earlier, we said
02:43Miri Asset's overseas business is accelerating. Here's what that actually means for you. The Sanko
02:49deal is a direct channel purchase into the world's third largest equity market, and fee income from that
02:55retail platform could be material for earnings within two to three years if the integration succeeds.
03:01Samsung SDI's 12-quarter earnings route breaking in Q3 is a sector signal. AIDC-driven ESS demand is
03:10becoming a structural recovery engine for the Korean battery supply chain, not just a one-quarter
03:16bounce. And the NH-Amundi ETF compliance issue, if regulatory action follows, will set a new standard for
03:24how leveraged exposure must be disclosed across Korea's entire fund industry.
03:29That's today's AI Prism Securities Daily. This episode was produced with AI assistants based on
03:36Seoul Economic Daily reporting and reviewed by a human editor. AI Prism is a Won Ifra award-winning series.
03:43We'll be back tomorrow.
