[Asia Economy Reporter Minji Lee] Hanwha Investment & Securities announced on the 18th that it will hold the ‘Original Investment Big Match! 2022 Real Investment Competition.’
This real investment competition offers a total prize of 177.8 million KRW and a ‘Overseas Stock Lucky Box Event.’ Any customer holding a comprehensive trading account with Hanwha Investment & Securities can apply to participate in the competition. The application period is from April 18 to May 20. Only one account per person can participate.
Upon completing the application for the real investment competition, the first 20,000 applicants will have a chance to win one overseas stock share by lottery. The overseas stocks include Tesla, Apple, Intel, Delta Air Lines, Deutsche Bank, and Ambev (ADR), with one share awarded through a draw.
The competition will run from May 9 to June 30, divided into the General League and the MZ League, with winners selected based on the combined profit rates of domestic and overseas stock trades in each league.
The General League operates with four divisions (100 million KRW / 30 million KRW / 10 million KRW / 1 million KRW leagues) and offers a total prize of 171.8 million KRW. Winners of each division will receive prize money (50 million KRW for the 100 million league, 30 million KRW for the 30 million league, 10 million KRW for the 10 million league, and 2 million KRW for the 1 million league) and certificates, with prize money awarded up to 5th place in each division.
The newly introduced MZ League automatically includes participants born after January 1983. The winner will receive 3 million KRW, second place 2 million KRW, and third place 1 million KRW. Overlapping awards with the General League are not allowed. To foster healthy investment habits among the younger generation, the first 1,000 applicants for the MZ League will receive the book ‘Invest Passionately, Compete Coolly,’ published by last year’s first-place winner of the Hanwha Investment & Securities real investment competition.
Seongsong Sung, Executive Director of the New Growth Solutions Office at Hanwha Investment & Securities, said, “In line with the global investment paradigm, we prepared the General League combining domestic and overseas stock profit rates and the MZ League to establish a sound investment culture among the younger generation. As the original real investment competition securities firm, we will do our best to ensure stock investment becomes a sustainable asset.”
Applications for the real investment competition can be submitted via the Hanwha Investment & Securities website, mobile app, HTS, and at branches nationwide.
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