Mirae Asset Securities Reports Overseas Stock Trading Customers' Capital Gains Exceed 1 Trillion Won Last Year

Mirae Asset Securities announced on the 11th that the capital gains from overseas stock investments of customers subject to the 2024 capital gains tax reporting standard have exceeded 1 trillion KRW.

This is the result of an increase in investors realizing capital gains from overseas stocks as the U.S. stock market, which had been declining due to interest rate hikes in 2022, showed a recovery in 2023. Investment profits were notably high centered on the 'Magnificent 7' stocks that led the U.S. stock market in 2023, with Nvidia investments generating the highest returns.

In addition to realized profits, the unrealized gains on the top 10 currently held stocks have exceeded 4 trillion KRW (as of the end of March this year), indicating that capital gains from overseas stock investments are expected to increase further.

Mirae Asset Securities provides various services to allocate customers' assets, which have been concentrated in domestic stocks, into high-quality overseas assets, and has supported reducing customers' investment costs through the Zero Campaign launched in the second half of last year. Recently, the company has been actively utilizing generative artificial intelligence (AI) to provide customers with necessary overseas stock investment information. Through ChatGPT, it offers real-time translation and summarization of overseas news, AI that reads stocks aloud, AI that reads earnings calls aloud, and stock services summarized by Investment GPT, delivering investment information services that were difficult to provide in the past by leveraging AI technology.

Furthermore, through the recently introduced 'Tax Saving Planner' service for customers' tax management, investors can manage overseas stock capital gains tax, comprehensive financial income taxation, and estimated year-end tax refund amounts through pensions all at once.

A representative from Mirae Asset Securities stated, "We are committed to supporting customers' investments in high-quality overseas assets and asset allocation through the Zero Campaign and AI services," adding, "We will continue to strive to support global asset allocation and performance management based on differentiated content."

Mirae Asset Securities will provide free overseas stock capital gains tax reporting agency services to all customers whose overseas stock capital gains exceed 2.5 million KRW until the 14th, and reporting agency services can be done by aggregating transaction details from other securities firms as well.