Stocks Receiving Love Calls from Minors?…Domestic Samsung Electronics, Overseas Tesla

Shinhan Securities, Big Data Analysis of Minor Accounts

Shinhan Investment Corp. analyzed stock accounts of minors and found that the most traded domestic stock this year was Samsung Electronics. For overseas stocks, it was Tesla.

On the 8th, Shinhan Investment Corp. announced that after analyzing its minor accounts, Samsung Electronics was the most traded domestic stock this year. The second place was Samsung Electronics preferred shares, showing a clear preference for Samsung Electronics. Additionally, APR and LG Energy Solution, for which Shinhan Investment Corp. acted as the lead underwriter, also ranked on the list.

In the case of overseas stocks, a strong preference for big tech was evident. Tesla was the most traded stock, followed by Apple and Nvidia. Notably, four overseas ETFs were included in the top 10, indicating increased interest in direct investment in overseas ETFs.

The proportion of minor accounts was about 2.5% compared to all individual customer accounts. Among minor accounts, the ratio of non-face-to-face account openings was 43.2%. In the two months (January and February) leading up to the subscription of APR, for which Shinhan Investment Corp. was the lead underwriter in February, the proportion of non-face-to-face minor account openings reached 63.9%. This suggests that minor accounts are significantly influenced by events such as public offering subscriptions.

Minor customers showed greater interest in trading overseas stocks. While overseas stocks account for 7.6% of the total asset proportion of Shinhan Investment Corp.'s customers, the figure for minor accounts was much higher at 20.6%. Also, the proportion of minor customers with overseas stock trading experience was 12.5%, higher than the 8.7% of all individual customers.

Meanwhile, Shinhan Investment Corp. is conducting an event for non-face-to-face account openings for minors. This event, running until April 30, provides a 20,000 KRW department store mobile gift certificate to customers who open a non-face-to-face minor account for the first time. Additionally, customers who trade more than 100,000 KRW in domestic stocks, overseas stocks, or over-the-counter bonds will receive an extra 10,000 KRW in Naver Pay points.