Park Hyun-joo, Chairman of Mirae Asset “China Ant Group’s regulation, appropriate action…Coupang’s innovation highly appreciated”

Investment meeting with Chairman Park Hyun-joo

[에너지경제신문=나유라 기자] Mirae Asset Group Chairman Park Hyun-joo said, “In the mid- to long-term, the Chinese government has taken appropriate measures” about the suspension of listing of Ant Group, a subsidiary of Alibaba, due to Chinese government regulations. Recently, Coupang, which is promoting listing on the NASDAQ market, was evaluated as “an innovative company.”

On the 15th, Mirae Asset Group Chairman Park Hyun-joo made this announcement on the Mirae Asset Daewoo YouTube channel’Smart Money’.

Chairman Park spoke with the Mirae Asset Daewoo Research Center about the semiconductor, cloud, battery/electric vehicle industries the day before, and presented various opinions on the green energy, e-commerce, game, and bio industries.

Chairman Park emphasized, “When you come to Amazon of the United States and Korea, there are Naver Shopping and Coupang.”

Chairman Park said, “Some people say that Coupang copied Amazon, but copying is also a very important strategy and you need to have insights.”

He said, “When Mirae Asset first enters the overseas market (in the vicinity), he said, “But now, only overseas funds are worth 65 trillion won. I hope that Coupang will go public as soon as possible.” did.

Chairman Park evaluated the suspension of listing of Ant Group as “a necessary measure for the long-term stability of Chinese society.”

Chairman Park said, “(The Chinese government’s regulations) do not hinder financial innovation, but they see that there are many places to do other than Alibaba.”

In addition, with regard to the global energy industry, Chairman Park said, “The solar power market is gradually being consolidated into a small number of global companies after fierce competition,” and “after investing, the answer was to invest in high-quality stocks for a long time.”

At the same time, Chairman Park advised, “Because (green energy) is a concept unfamiliar to general investors, it is important that (analysts) give explanations centered on the representative stocks.”

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