Mirae Asset eyes No. 1 spot over Korea Investment on SpaceX gains

Mirae Asset Securities is poised to post a record quarterly profit, fueled by valuation gains from its early investment in SpaceX, in a result that could reshape the pecking order among South Korea’s brokerages. The firm is forecast to report first-quarter operating profit of about 1.2 trillion won ($815 million), according to market consensus compiled by FnGuide. Some estimates suggest earnings could exceed that level by more than 20 percent. If confirmed, it would mark the first time a domesti

By The Korea Herald