Mirae Asset Securities forecasts record Q2 profit on SpaceX investment gains
Mirae Asset Securities is expected to post a second‑quarter net profit of about 1.214 trillion won, roughly three times its profit a year ago and enough to push its first‑half cumulative earnings past the 2‑trillion‑won milestone. Analysts attribute the surge primarily to a large valuation gain on the firm’s stake in SpaceX, which is estimated at around 2 trillion won after the rocket maker’s Nasdaq listing. The broker also benefits from heightened domestic market turnover and growth in its overseas digital‑infrastructure and alternative‑asset businesses.
In contrast, rival Korea Investment Securities, part of Korea Financial Group, is projected to earn about 723.7 billion won for the same period, leaving a gap of roughly 5 trillion won between the two firms. Mirae’s strong brokerage revenues, higher retail trading volumes, and expanding digital‑asset operations reinforce its lead in the Korean securities market.