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Mirae Asset Daewoo Co Ltd

Mirae Asset Securities Co., Ltd. provides financial services in South Korea and internationally. It operates through Wealth Management, Investment Banking, Sales and Trading, and Principal Investment and Others segments. Its offerings include investment banking solutions such as IPOs, pre-IPO and mezzanine financing, rights offerings, corporate bonds, acquisition financing, asset securitization, and real estate project financing, as well as investment products spanning stocks, bonds, derivatives, foreign exchange, credit, and carbon emissions trading. The company also provides custody and brokerage services, funds, ETFs, ELS/DLS, wrap accounts, trusts, AI-based financial services, consulting, and pension solutions. Formerly Mirae Asset Daewoo Co., Ltd., it changed its name to Mirae Asset Securities Co. Ltd. in March 2021, was incorporated in 1970, and is headquartered in Seoul, South Korea.

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South Korea
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Mirae Asset Q2 Profit Soars on SpaceX Gains

Mirae Asset Securities reported record second-quarter earnings, with consolidated pretax income of KRW2,528.7 billion, up 86% quarter-on-quarter, and net income of KRW1,905.2 billion, up 90%. The results included KRW1,624.2 billion in valuation gains from SpaceX, and even excluding those gains, pretax income of KRW904.4 billion marked the highest in company history. First-half pretax income surged 349% year-on-year to KRW3,886.3 billion, while net income rose 338% to KRW2,907.2 billion. Overseas subsidiaries contributed a record KRW609.1 billion in pretax income, up 150% quarter-on-quarter, and client assets reached KRW784 trillion, up 30% from end-2025. The company also executed KRW300 billion in share buybacks and retired over KRW500 billion in treasury shares, its largest cancellation ever.
006800.KO · Capital · Positive Record Q2 earnings driven by SpaceX gains and strong core results.
006805.KO · Capital · Positive Parent company benefits from subsidiary's record earnings and buybacks.
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Crypto falls, UK targets app store fees, Mirae apologizes over SpaceX IPO

Major cryptocurrencies declined on Tuesday as a stronger U.S. dollar weighed on risk assets, with bitcoin hovering around $59,182, down 1.6%, and ethereum slipping 1.9% to $1,579.3. The UK's Competition and Markets Authority proposed allowing app developers to steer users to alternative payment methods outside Apple and Google's app stores, requiring any fees for external links to be fair and lower than current commissions. Gold futures fell 1.4% to $4,022.30 an ounce amid renewed U.S.-Iran tensions and a stronger dollar. South Korea's Mirae Asset Securities apologized after receiving zero stock allocation in SpaceX's record-breaking IPO due to a misunderstanding that left more than $1.1 billion worth of Korean demand unsubmitted.
006800.KO · Capital · Negative Mirae Asset Securities apologized for failing to submit $1.1 billion in Korean demand for SpaceX IPO, missing out on allocation.
AAPL · Regulation · Negative UK CMA proposes allowing app developers to bypass Apple's payment system, reducing Apple's commission revenue.
GOOG · Regulation · Negative UK CMA proposes allowing app developers to bypass Google's payment system, reducing Google's commission revenue.
006805.KO · Capital · Negative Mirae Asset Daewoo Co Ltd is likely related to the same incident, suffering reputational and financial loss from the IPO allocation failure.
SPCX · Capital · Positive SpaceX's record-breaking IPO is mentioned, but the article focuses on Mirae's allocation issue; SpaceX itself benefits from strong demand.
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