Korea Investment & Securities, Samsung Securities and Mirae Asset Securities record higher sales of ELS in the first quarter of the year, while Hana Securities’ sales drop. Shinhan’s ELS sales turn tepid.

Hana Financial Group Hana Securities has posted a consolidated net income of KRW75.3 billion (US$54.7m) in the first quarter of the year, down 16.2% year-on-year (YoY), its parent company Hana Financial Group’s latest earnings release showed. Despite lower volumes, Hana Securities maintained its status as the largest ELS issuer by volume from a year ago The Seoul-based securities house reported that issuance of capital-at-risk equity-linked securities (ELS) slid seven percent YoY to K