![\"Kiwoom](\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/news-p.v1.20260521.2235ebf568c34966bb3ddf7d51e7ecbf_P1.png\"\/ "\\"Kiwoom")
Kiwoom Securities<\/p>\nKiwoom Securities<\/p>\n
Kiwoom Securities (039490.KS) is offering equity-linked securities (ELS) with Samsung Electronics (005930.KS) and SK hynix (000660.KS) as underlying assets. The product allows investors to pursue agreed returns even when the prices of the major semiconductor stocks decline within a certain range, but it remains a high-risk product carrying the possibility of principal loss.<\/p>\n
Kiwoom Securities said Friday it will offer “Kiwoom No. 4000 Equity-Linked Securities (ELS)” in a total amount of 20 billion won. The underlying assets are Samsung Electronics common stock and SK hynix. The product targets a pre-tax annualized return of 32.1 percent.<\/p>\n
This ELS is a step-down product with a three-year maturity. Early redemption evaluation dates come every six months, with early redemption barriers gradually lowering to 85%, 85%, 85%, 80%, 75%, and 70%. If both underlying assets are at or above 85 percent of the initial reference price on the first early redemption evaluation date, investors will receive a pre-tax return of 16.05 percent and the product will be redeemed.<\/p>\n
The knock-in barrier is set at 35 percent. The knock-in barrier serves as the threshold determining whether an ELS incurs a principal loss. If the price of Samsung Electronics common stock or SK hynix falls to a level 65 percent below the initial reference price, which is the closing price on the 28th, the possibility of principal loss arises.<\/p>\n
However, a low knock-in barrier does not guarantee principal protection. The product is a high-complexity financial investment instrument that may result in a total loss of principal depending on changes in the underlying asset prices. The risk grade is Level 1, classified as “very high risk.” In special circumstances such as early redemption at the investor’s request or issuer default, principal loss may occur even without reaching the knock-in barrier.<\/p>\n
“Amid the recent strength of major semiconductor stocks, the supply of domestic single-stock ELS products with Samsung Electronics or SK hynix as underlying assets is expanding,” a Kiwoom Securities official said. “Given investors’ significant concerns about market volatility, we are primarily releasing low knock-in products with reduced knock-in barriers.”<\/p>\n
Under the investor cooling-off period system, investors subject to the cooling-off period must complete their subscription by 5 p.m. on the 26th. Final confirmation of subscription intent must be made by 1 p.m. on the 29th. Product details are available on the Kiwoom Securities website, the mobile app “Youngwoongmun S#,” and the home trading system (HTS) “Youngwoongmun 4.”<\/p>\n","protected":false},"excerpt":{"rendered":"Kiwoom Securities Kiwoom Securities (039490.KS) is offering equity-linked securities (ELS) with Samsung Electronics (005930.KS) and SK hynix (000660.KS)…\n","protected":false},"author":2,"featured_media":24553,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[16638,16637,987,16639,276,279,241,275,16640],"class_list":["post-24552","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sk-hynix","tag-els","tag-equity-linked-securities","tag-kiwoom-securities","tag-knock-in-barrier","tag-samsung-electronics","tag-semiconductor-stocks","tag-sk","tag-sk-hynix","tag-step-down-els"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/24552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=24552"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/24552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/24553"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=24552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=24552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=24552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}