The Korea division of Lyon Securities launched a high-yield defensive portfolio called “Kimchi,” indicating that the 30 stocks included have significant investment value. Shen Zhongmin, head of research at the brokerage firm, wrote in the report: “Companies with stable profit prospects and impressive dividend returns can continue to provide relative downside risk protection.” “Kimchi” is an abbreviation for the compound interest high-yield investment Korean income model. Kimchi's portfolio stocks include KB Finance, Kia, Shinhan Finance, Korea Asia Finance, Samsung Fire & Marine Insurance, Woori Finance, SK Telecom, KT&G, Kewei, LG UPlus, Yongwon, Korea Gas, F&F, IM Finance, S‑1, and Hyundai Elevator.

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