Shinhan Securities announced on Sept. 21 that it organized an India expedition to Mumbai and Bangalore, India, to gain insights into the Indian financial market.
The expedition was initiated by Kim Sang-tae, CEO of Shinhan Investment & Securities, who emphasized on-site research and decision-making on the Indian market, which has recently shown high interest in order to launch customer-centered services and products.
Four members of the expedition were selected through a competitive presentation from the company's Junior Board comprised of MZ generation employees.
The delegation met with 13 financial institutions and local companies, including the National Stock Exchange of India, McKinsey India, HDFC Securities, the #1 local banking brokerage, and Zerodha, the #1 online brokerage, to explore global portfolio diversification and business opportunities in the Indian market.
The delegation recognized the structural growth of the Indian stock market and the potential to launch relevant investment products. In addition, analyst Shin Seung-woong, one of the members of the expedition, published an introductory report on the Indian market on September 19 based on his first-hand experience of the growth potential and business opportunities in the Indian financial market.
An official from Shinhan Securities said, "In the future, if we need insights to launch products and services that our customers need, we will dispatch expeditions to major fairs as well as to any country, region, or industry to actively support field-based decision-making."
