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  • Financial industry

    New financial markets, such as yuan business and fintech, are rapidly emerging in Seoul on the basis of the city’s affordable office rents, advanced ICT, and other major infrastructural advantages in the fields of finance. To help to further foster the finance industry, the Seoul Metropolitan Government has established the International Finance Center and provides financial support for startups in finance.

  • Opportunities in the Financial Industry of Seoul

    Growth of the Fund Industry

  • Growth of China Fund – Korea’s RMB Policy

    Growth of China Fund – Korea’s RMB Policy

    Most Active Utillzation of RQFII Quota by Korea

    Area Date of Approval Quota
    (bn RMB)
    Granted Quota
    (bn RMB)
    Granted %

     

     

     

     

     

    Honk Kong '11.12 270 270 100

     

     

     

     

     

    Singapore '13.7 50 26 52

     

     

     

     

     

    France '14.6 80 6 8

     

     

     

     

     

    Germany '14.7 80 6 8

     

     

     

     

     

    Canada '14.11 50 - -

     

     

     

     

     

    London '13.7 80 15.2 19

     

     

     

     

     

    Taiwan '13.6 100 - -

     

     

     

     

     

    Korea '14.7 80 30.5 38

     

     

     

     

     

    Qatar '14.11 30 - -

     

     

     

     

     

    Australia '14.11 50 10 20

     

     

     

     

     

    Total - 870 363.7 41.8
    The Chinese economy is going through similar development stages as Korea companies did, making stock-picking easier
    Location/Time Zone make equity trading easier
  • Continued Enterpreneurship & IPO

    Continued Enterpreneurship & IPO

    Growth of Fintech Industry

    FSC started to support and deregulate the Fintech industry
    Global Fintech accelerator became more interested in Korea’s Fintech industry
    Government Fund, PEF started to actively invest in Fintech startups

    New Venture Fund & Increased IPO

    Korean Government together with local government make KRW 600 billion amount of Venture Fund
    FSC advises Korean banks to make more investment into high-tech startups
    KOSDAQ, exit market for startups recorded the largest number of IPOs in 2014. IPO is expected to grow continuously as the Korean economy shift to create economy
  • Competitiveness of Seoul Financial Industry

    (Buildings & Offices)

  • RENT OF MAJOR ASIA-PACIFIC CITIES 2014

    RENT OF MAJOR ASIA-PACIFIC CITIES 2014

    (Unit : USD / SQ.FT / YR)

  • RENTAL GROWTH OF ASIA-PACIFIC CITIES 2014

    RENTAL GROWTH OF ASIA-PACIFIC CITIES 2014

    (Unit : %)

  • Incentive Scheme for New Entry into Yeouido

    Incentive Scheme for New Entry into Yeouido

    Grants for business installations and equipment : up to approximately USD 1 million (Regional Headquarter, USD 2.5 million)
    Subsidies for New employment/ New employee training : up to approximately USD 200,000 ($500 per person, a month, up to 6 months)

  • Financial industry

    New financial markets, such as yuan business and fintech, are rapidly emerging in Seoul on the basis of the city’s affordable office rents, advanced ICT, and other major infrastructural advantages in the fields of finance. To help to further foster the finance industry, the Seoul Metropolitan Government has established the International Finance Center and provides financial support for startups in finance.

  • Opportunities in the Financial Industry of Seoul

    Growth of the Fund Industry

  • Growth of China Fund – Korea’s RMB Policy

    Growth of China Fund – Korea’s RMB Policy

    Most Active Utillzation of RQFII Quota by Korea

    Area Date of Approval Quota
    (bn RMB)
    Granted Quota
    (bn RMB)
    Granted %

     

     

     

     

     

    Honk Kong '11.12 270 270 100

     

     

     

     

     

    Singapore '13.7 50 26 52

     

     

     

     

     

    France '14.6 80 6 8

     

     

     

     

     

    Germany '14.7 80 6 8

     

     

     

     

     

    Canada '14.11 50 - -

     

     

     

     

     

    London '13.7 80 15.2 19

     

     

     

     

     

    Taiwan '13.6 100 - -

     

     

     

     

     

    Korea '14.7 80 30.5 38

     

     

     

     

     

    Qatar '14.11 30 - -

     

     

     

     

     

    Australia '14.11 50 10 20

     

     

     

     

     

    Total - 870 363.7 41.8
    The Chinese economy is going through similar development stages as Korea companies did, making stock-picking easier
    Location/Time Zone make equity trading easier
  • Continued Enterpreneurship & IPO

    Continued Enterpreneurship & IPO

    Growth of Fintech Industry

    FSC started to support and deregulate the Fintech industry
    Global Fintech accelerator became more interested in Korea’s Fintech industry
    Government Fund, PEF started to actively invest in Fintech startups

    New Venture Fund & Increased IPO

    Korean Government together with local government make KRW 600 billion amount of Venture Fund
    FSC advises Korean banks to make more investment into high-tech startups
    KOSDAQ, exit market for startups recorded the largest number of IPOs in 2014. IPO is expected to grow continuously as the Korean economy shift to create economy
  • Competitiveness of Seoul Financial Industry

    (Buildings & Offices)

  • RENT OF MAJOR ASIA-PACIFIC CITIES 2014

    RENT OF MAJOR ASIA-PACIFIC CITIES 2014

    (Unit : USD / SQ.FT / YR)

  • RENTAL GROWTH OF ASIA-PACIFIC CITIES 2014

    RENTAL GROWTH OF ASIA-PACIFIC CITIES 2014

    (Unit : %)

  • Incentive Scheme for New Entry into Yeouido

    Incentive Scheme for New Entry into Yeouido

    Grants for business installations and equipment : up to approximately USD 1 million (Regional Headquarter, USD 2.5 million)
    Subsidies for New employment/ New employee training : up to approximately USD 200,000 ($500 per person, a month, up to 6 months)