Enter 2021.01.15 18:21 | Revision 2021.01.15 18:33
Listed promising stocks of ETF
Park Hyun-joo, chairman of Mirae Asset Daewoo Financial Group, evaluated Coupang’s introduction of the direct delivery strategy of the US platform company Amazon to Korea as an excellent strategy. There is controversy that Coupang simply copied (replicated) Amazon’s strategy, but it is argued that such benchmarking can sometimes be a means to increase corporate value.
Chairman Park clarified his opposition to joining a financial company and a platform company. The Chinese authorities dismantled Ant Finance, a fintech (finance + IT) subsidiary of e-commerce company Alibaba, and this decision was correct.
Chairman Park evaluated that the ETF, which invests in bio companies, would be a medium-risk return product. It is analyzed that there is a risk of loss of principal, but the rate of return can be secured accordingly.
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On the 15th, Chairman Park released a YouTube broadcast containing this content. The broadcast on this day was an investment meeting held on the Mirae Asset Daewoo YouTube channel’Smart Money’ following the previous day. At this meeting, Ryu Je-Hyun, Senior Research Fellow, Jeong Yong-je, Senior Research Fellow, and Kim Seung-min, were present.
Among e-commerce companies, Chairman Park paid attention to Coupang. “There is a saying in the market that Coupang’copy (copy) Amazon’,” he said, “but copying is a very important strategy and requires insight.”
Although Coupang imitated Amazon’s’direct delivery’ strategy as it is, it is evaluated that it is the driving force behind Coupang’s existence by increasing its market share in the e-commerce market with these services. Coupang is currently promoting listing on the NASDAQ market, centered on US technology stocks.
◇ “The Chinese government is right”… Even in the controversy in Alibaba
Chairman Park also stated that “the Chinese authorities have made the right decision” regarding the Chinese government’s regulation of Alibaba. At the end of last year, Chinese authorities, such as the People’s Bank of China, the Bank Insurance Supervisory Commission, the Securities Supervisory Commission, and the Foreign Exchange Administration, ordered Alibaba’s fintech subsidiary Ant Financial to do only its main business payment. This was why Alibaba Chairman Ma Yun criticized the Xi Jinping administration.
Ma Yun’s dream of raising Ant Financial to become a platform company by listing Ant Financial in Shanghai and Hong Kong at the same time became a fuss. At home and abroad, there have been criticisms of such Chinese government. However, Chairman Park argued, “I think the Chinese authorities’ judgment was correct in the long term,” and argued, “It is not wise to let platform companies even finance business.”
Chairman Park also mentioned Chinese companies with some technological prowess. The place he mentioned is Wuxi Bio. Chairman Park diagnosed, “Wuxibio is attracting attention not only for its strategy but also for its technology.” Wuxi Bio is China’s largest biopharmaceutical contract manufacturing (CMO) company. In some cases Samsung Biologics (207940)Some say that it is a company comparable to
As for ETFs investing in bio companies, Chairman Park also said, “It could be a’medium risk’ sector that keeps going (profitable).” As the aging world progresses, the healthcare industry is getting bigger and bigger, which is why it is promising to consistently invest in bio ETFs.
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