Hana Financial Investment Launches 'Stock Gifting' Service

You Can Trade Stock Futures with Just a Mobile Phone Number

[Asia Economy Reporter Eunmo Koo] Hana Financial Investment announced on the 14th that it will newly launch the 'Stock Gifting' service, which allows users to gift stocks using only a mobile phone number through the simple trading application 'Hana One Q Stock.'

'Stock Gifting' is a service that enables users to send domestic stocks or exchange-traded funds (ETFs) to family or acquaintances within a limit of 1 million KRW per transaction by knowing only the recipient's mobile phone number. The sender does not need to own the stocks, nor does the recipient need to be a Hana Financial Investment customer to send or receive gifts. The gifting process minimizes steps to enhance convenience.

To use the service, the sender selects the stocks they own or wish to send from the 'Stock Gifting' tab in the 'Hana One Q Stock' application and sends them to the recipient's mobile phone number. The recipient receives a notification of the gift arrival and an authentication code via social networking services (SNS) or text message. By entering the received authentication code in the 'Hana One Q Stock' application, the recipient can check the gifted stocks in their account.

Choi Il-yong, Head of Digital Division at Hana Financial Investment, said, “Unlike other gifts that are simply consumed, stocks carry special meaning as they represent sharing assets with the recipient.” He added, “With the recent growing interest in investment among the general public, stocks are expected to be the trendiest gift and may also influence investment culture.”