The Financial Supervisory Service hosted an investor relations convention in Shanghai on Wednesday to attract foreign ship-financing investment to Korea’s No. 1 port city, Busan.
About 110 leaders from 68 shipbuilding-related institutions, including Chinese financial institutions, global ship-financing firms, Shanghai Shipping Exchange and Shanghai Shipowners’ Association, attended the Korean financial regulator’s event.
The Shanghai IR session was aimed at promoting the advantages of Busan as a competitive financial hub for international ship investors, FSS officials said.
“Chinese ship-financing firms have a relatively larger capacity to make investments overseas, and their rising interest in Busan is expected to result in larger investments in the Korean market,” an official said.
