Latest news with #ShinhanFinancialGroup
Korea Herald
6 days ago
- Business
- Korea Herald
Shinhan board chair leads overseas investor meetings in Asia
Shinhan Financial Group is stepping up efforts to strengthen ties with global investors, dispatching its board chair to lead overseas investor relations meetings across Asia. The South Korean banking group said Sunday that board chair and independent director Yoon Jae-won led a three-day investor relations roadshow in Hong Kong and Singapore last week, from Tuesday to Thursday. It marked the first time a board chair from a listed Korean company independently led such an overseas event. During the sessions, Yoon outlined Shinhan's strategies to enhance corporate value and addressed key risks facing both the group and the broader Korean financial market. She also detailed the board's initiatives to improve governance and foster diversity. Shinhan's top brass have been ramping up efforts to engage foreign investors as the group seeks to attract more overseas capital. In May, CEO and Chairman Jin Ok-dong led a weeklong European roadshow with stops in London, Frankfurt and Warsaw. As of Friday, foreign ownership in Shinhan stood at 58.5 percent, trailing behind local rivals KB Financial Group at 75.4 percent and Hana Financial Group at 66.6 percent. In Hong Kong, Yoon also met with members of the Asian Corporate Governance Association, sharing best practices in governance reform from various countries and discussing the board's role in enhancing corporate trust and advancing sustainable management. 'We believe the board's efforts to enhance governance will serve as the foundation for improving Shinhan's transparency and efficiency, ultimately raising corporate value,' Yoon said. 'I will work to ensure our board meets global standards and earns market confidence.'
Yahoo
27-05-2025
- Business
- Yahoo
3 Asian Dividend Stocks Yielding Over 4%
As global markets face volatility due to tariff threats and economic uncertainties, investors are increasingly looking towards Asian markets for potential opportunities. In this environment, dividend stocks yielding over 4% can offer a measure of stability and income, making them an attractive option for those seeking to balance risk with regular returns. Name Dividend Yield Dividend Rating en-japan (TSE:4849) 4.30% ★★★★★★ Wuliangye YibinLtd (SZSE:000858) 5.01% ★★★★★★ Daito Trust ConstructionLtd (TSE:1878) 4.22% ★★★★★★ Asian Terminals (PSE:ATI) 6.52% ★★★★★★ DoshishaLtd (TSE:7483) 4.38% ★★★★★★ CAC Holdings (TSE:4725) 4.86% ★★★★★★ Yamato Kogyo (TSE:5444) 4.68% ★★★★★★ E J Holdings (TSE:2153) 5.02% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.35% ★★★★★★ Japan Excellent (TSE:8987) 4.42% ★★★★★★ Click here to see the full list of 1253 stocks from our Top Asian Dividend Stocks screener. We'll examine a selection from our screener results. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: The Nature Holdings Co., Ltd. is a lifestyle company with a market cap of approximately ₩162.25 billion. Operations: The Nature Holdings Co., Ltd. generates revenue primarily from its apparel segment, totaling approximately ₩516.90 billion. Dividend Yield: 4.5% Nature Holdings offers a compelling dividend profile, with a yield of 4.46% placing it in the top 25% of dividend payers in Korea. Despite only four years of dividend history, payments have been stable and growing, supported by a low payout ratio of 44.7%. The dividends are well-covered by both earnings and cash flows, with a cash payout ratio at just 20.3%. However, recent profit margins have declined to 3.2%, down from last year's 9%. Dive into the specifics of Nature Holdings here with our thorough dividend report. Our valuation report here indicates Nature Holdings may be undervalued. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Shinhan Financial Group Co., Ltd. offers a range of financial products and services both in South Korea and internationally, with a market cap of ₩27.46 trillion. Operations: Shinhan Financial Group's revenue segments include Banking at ₩9.43 trillion, Credit Card at ₩1.90 trillion, and Securities at ₩1.01 trillion. Dividend Yield: 4% Shinhan Financial Group's dividend yield of 4.05% ranks in the top 25% among Korean dividend payers, supported by a low payout ratio of 24.8%, ensuring dividends are well-covered by earnings. However, its dividend history has been volatile over the past decade, with inconsistent payments and occasional drops exceeding 20%. Recent developments include a KRW 278 billion quarterly cash dividend resolution and strategic share buybacks totaling KRW 400 billion, which may influence future payouts. Navigate through the intricacies of Shinhan Financial Group with our comprehensive dividend report here. Our valuation report unveils the possibility Shinhan Financial Group's shares may be trading at a discount. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Hyundai Home Shopping Network Corporation, along with its subsidiaries, operates an online shopping company in South Korea and has a market cap of ₩608.58 billion. Operations: Hyundai Home Shopping Network Corporation generates revenue through its online shopping operations in South Korea. Dividend Yield: 5.2% Hyundai Home Shopping Network's dividend yield of 5.16% places it among the top 25% in Korea, with a low payout ratio of 31.9%, indicating strong earnings coverage. The company has maintained stable dividends over its nine-year history, supported by a cash payout ratio of 54%. Recent share buybacks totaling KRW 12.16 billion may bolster shareholder value despite declining profit margins from last year's figures. Take a closer look at Hyundai Home Shopping Network's potential here in our dividend report. Our expertly prepared valuation report Hyundai Home Shopping Network implies its share price may be lower than expected. Reveal the 1253 hidden gems among our Top Asian Dividend Stocks screener with a single click here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include KOSDAQ:A298540 KOSE:A055550 and KOSE:A057050. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
25-05-2025
- Business
- Korea Herald
Shinhan chief meets Goldman Sachs to deepen wealth, investment ties
Shinhan Financial Group Chair Jin Ok-dong held a series of high-level meetings with Goldman Sachs executives in Europe to discuss expanding collaboration and benchmarking global practices in wealth management and investment banking. The meetings took place during a weeklong investor relations tour that began on May 18, with stops in London, Frankfurt in Germany and Warsaw, Poland. During the trip, Jin met with institutional investors and global financial leaders to share Shinhan's strategy amid rising macroeconomic uncertainty. The tour was designed to reinforce the group's strategic direction, provide updates on its value enhancement initiatives and explore new revenue streams through global partnerships. Jin met with Anthony Gutman, co-head of Goldman Sachs International, and Ronan Breen, managing director covering financial institutions, to explore ways to strengthen Shinhan's investment banking business and unlock synergies across its groupwide wealth management platform. Talks centered on boosting cross-border asset management capabilities and identifying scalable strategies for long-term growth. Later, Jin sat down with Chris French, co-head of private wealth management for Europe, the Middle East and Africa at Goldman Sachs, to delve into operating models and the strategic expansion of global wealth management business lines. 'By benchmarking the strategies of global financial institutions, we aim to localize and implement sustainable profit models in the Korean market,' Jin said. 'Direct engagement with global investors is a key element of our broader value-up strategy.' During the meetings, Jin also shared Shinhan's outlook on geopolitical and macroeconomic developments, including US tariff policy shifts and Korea's political landscape and outlined the group's risk management and earnings resilience strategies. He emphasized Shinhan's progress toward its 2024 financial targets, including a 50-basis-point improvement in return on equity, maintaining a common equity tier 1 ratio, a measure of a bank's financial health, above 13.1 percent and achieving a shareholder return ratio exceeding 42 percent. The tour concluded in Warsaw, where Jin explored growth opportunities in Poland's expanding energy, infrastructure and defense sectors.
Korea Herald
25-05-2025
- Business
- Korea Herald
Shinhan chief meets Goldman Sachs to discuss wealth, investment strategy
Shinhan Financial Group Chair Jin Ok-dong held a series of high-level meetings with Goldman Sachs executives in Europe to discuss expanding collaboration and benchmarking global practices in wealth management and investment banking. The meetings took place during a weeklong investor relations tour that began on May 18, with stops in London, Frankfurt in Germany and Warsaw, Poland. During the trip, Jin met with institutional investors and global financial leaders to share Shinhan's strategy amid rising macroeconomic uncertainty. The tour was designed to reinforce the group's strategic direction, provide updates on its value enhancement initiatives and explore new revenue streams through global partnerships. Jin met with Anthony Gutman, co-head of Goldman Sachs International, and Ronan Breen, managing director covering financial institutions, to explore ways to strengthen Shinhan's investment banking business and unlock synergies across its groupwide wealth management platform. Talks centered on boosting cross-border asset management capabilities and identifying scalable strategies for long-term growth. Later, Jin sat down with Chris French, co-head of private wealth management for Europe, the Middle East and Africa at Goldman Sachs, to delve into operating models and the strategic expansion of global wealth management business lines. 'By benchmarking the strategies of global financial institutions, we aim to localize and implement sustainable profit models in the Korean market,' Jin said. 'Direct engagement with global investors is a key element of our broader value-up strategy.' During the meetings, Jin also shared Shinhan's outlook on geopolitical and macroeconomic developments, including US tariff policy shifts and Korea's political landscape and outlined the group's risk management and earnings resilience strategies. He emphasized Shinhan's progress toward its 2024 financial targets, including a 50-basis-point improvement in return on equity, maintaining a common equity tier 1 ratio, a measure of a bank's financial health, above 13.1 percent and achieving a shareholder return ratio exceeding 42 percent. The tour concluded in Warsaw, where Jin explored growth opportunities in Poland's expanding energy, infrastructure and defense sectors.
Korea Herald
23-04-2025
- Business
- Korea Herald
Shinhan Financial Group files its FY2024 Form 20-F to the SEC
SEOUL, South Korea, April 23, 2025 /PRNewswire/ -- Shinhan Financial Group (NYSE: SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission (SEC) on April 23, 2025. The report is available at Shinhan Financial Group's Homepage, as well as the U.S. Securities and Exchange Commission website, A hard copy of the annual report will be provided to shareholders upon request, free of charge, via " shfg@
