Kiwoom acquires KRW 509.2 billion stake. Kiwoom stock sits 9.51 percent above its low
Published on 10/20/2026 at 02:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital deployment and earnings
- Kiwoom decided on October 16, 2026, to acquire KRW 509.2 billion of Hanwha Ocean shares.
- Second-quarter 2026 revenue reached KRW 16.1 trillion, up 256.7 percent year over year.
- Kiwoom Securities had a market capitalization of KRW 5.9 trillion on October 20, 2026.
Kiwoom Securities (ISIN KR7039490008) decided to acquire KRW 509.2 billion of Hanwha Ocean shares, equivalent to a 2.73 percent stake, according to ATS View on October 16, 2026. The transaction adds an investment-banking and capital-markets angle to a stock whose latest reported quarter showed sharply higher revenue.
Hanwha Ocean stake adds scale
The filing puts KRW 509.2 billion behind one listed Korean shipbuilder position. ATS View said the purchase would lift Kiwoom's stake to 2.73 percent, making the transaction a measurable deployment of capital rather than a routine product filing.
The latest market context is also tied to Kiwoom's structured-products business. On October 17, 2026, The Globe and Mail reported that new equity-linked securities were planned mainly in tranches of KRW 5 billion to KRW 6.8 billion, with demand varying across series.
Revenue growth raises the base
Kiwoom's second-quarter 2026 revenue reached KRW 16.1 trillion, up 256.7 percent from the same quarter a year earlier, while operating profit was KRW 789.0 billion and net income was KRW 680.6 billion, ATS View reported. First-quarter 2026 revenue was KRW 9.40 trillion and operating profit was KRW 621.2 billion, so the second quarter also represented a 71.06 percent sequential increase in revenue.
What does the stake mean?
The Hanwha Ocean purchase gives investors a concrete measure for evaluating Kiwoom's capital allocation. It also comes as the company operates across brokerage, investment banking, structured products and investment management, leaving results exposed to trading activity and market conditions.
Three dated company milestones
On March 31, 2026, Kiwoom reported KRW 9.40 trillion of first-quarter revenue. On June 30, 2026, second-quarter revenue reached KRW 16.1 trillion and net income reached KRW 680.6 billion. On October 16, 2026, the company decided to acquire KRW 509.2 billion of Hanwha Ocean shares for a 2.73 percent stake.
Dates for the next watch
The October 16, 2026 Hanwha Ocean filing and the October 17, 2026 structured-products update are the latest dated company developments covered here. The next concrete financial reporting date has not been included.
Market value stays near its low
Kiwoom Securities was valued at KRW 5.9 trillion on October 20, 2026. Its KRW 224,500 share price stood 9.51 percent above the KRW 205,000 52-week low and below the KRW 517,000 52-week high.
Kiwoom Securities was trading at KRW 224,500 on the Korea Exchange on October 20, 2026 at 9:23 a.m. KST. The company remains a capital-markets stock whose operating results and investment decisions can move together.
Kiwoom Securities stock facts
- Company: Kiwoom Securities Co., Ltd.
- ISIN: KR7039490008
- Ticker: 039490
- Primary exchange: Korea Exchange KOSPI
- Market capitalization: KRW 5.9 trillion (as of October 20, 2026)
- 52-week range: KRW 205,000.00-517,000.00 (as of October 20, 2026)
- Sector / Industry: Financial Services / Financial - Capital Markets
- Index membership: KOSPI
Market context: Market report KOSPI.
