KB Securities said on the 5th that it will hold a pre-event ahead of the launch of its new return-to-domestic-market account (RIA) to revitalize Korea's stock market and promote MoneyMove.
The RIA account is designed to allow customers holding overseas stocks to receive up to a 100% deduction of capital gains tax incurred by sale timing and period when they make long-term investments in domestic stocks using proceeds from selling overseas stocks. It is characterized by helping customers with experience in overseas stock trading return to investing in domestic stocks, and various benefits optimized for domestic stock investment will also be offered.
In this pre-event, the first 20,000 customers who complete the alert subscription will receive a 10,000 won domestic stock coupon. In addition, among customers who share the pre-event page, one person will be selected by drawing to receive 10 don of pure gold. The event has been underway on the 4th, and after the RIA account launches, a main event with enhanced benefits will also be introduced.
Event registration is required and can be done through KB M-able, KB Securities' flagship mobile trading system (MTS). Detailed information and precautions related to the event can be found through the channel or on the website.
Son Hee-jae, head of the Digital Business Group at KB Securities, said, "We are preparing various support measures so that not only customers who invested in overseas stocks with us but also those who traded with other firms can continue investing in domestic stocks at KB Securities with more reasonable benefits."