South Korea Market Review, August 2023: Chinese IB enters the market

Sales volumes for retail and private banking, at a combined KRW13.7 trillion (US$10 billion), were similar to the previous month (July: KRW14 trillion). Sixty-four products were withdrawn during the month as they did not accumulate enough sales. Of these, eight were private placements. Some 1,828 products matured, releasing just over KRW12 trillion back onto the market for reinvestment. The best-performing product was Kiwoom New Global 100tr Club ELS 528 , an autocall linked to a basket comp