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SK Bioscience seeks up to W1.5tr in blockbuster IPOMarketsFeb 23, 2021SK Bioscience, the vaccines unit of South Korea’s No. 3 conglomerate SK Group, said Tuesday it looks to raise up to some 1.49 trillion won ($1.34 billion) in fresh funds via an initial public offerin... -
US-based NeoImmuneTech eyes W96b IPO in KoreaMarketsFeb 22, 2021NeoImmuneTech, a US immunotherapy drug development company, said Monday that it was looking to raise as much as 96 billion won ($86.9 million) in fresh funds via an initial public offering on the Sou... -
Brokerages rake in record-high credit loan interest of W1tr in 2020MarketsFeb 21, 2021South Korean securities firms generated nearly 1 trillion won ($904 million) worth of profit from interest paid by individuals who borrowed money to invest in stocks last year, according to data prov... -
Samsung’s market cap down by W42tr after heir’s imprisonmentMarketsFeb 18, 2021The market capitalization of Samsung Group, South Korea’s largest conglomerate, shrunk by around 42 trillion won ($38.01 billion) after its de facto head Lee Jae-yong was sent back to jail last month... -
Mr. Pizza operator’s stock trading suspended againMarketsFeb 17, 2021Shares of MP Group, the South Korean company that controls pizza restaurant franchise Mr. Pizza and coffee chain Manoffin, have been suspended from trading, nearly two months after resuming transacti... -
Coupang’s NYSE listing plan boosts related stocksMarketsFeb 15, 2021South Korean listed companies that have business ties with Coupang have seen their shares spike, backed by expectations of benefits from the local e-commerce giant’s mega US initial public offering. ... -
February set to be blockbuster month for IPOsMarketsFeb 11, 2021February is set to be another busy month for the South Korean stock market as a large number of companies are seeking to launch initial public offerings on retail investors’ strong appetite for direc... -
Kospi returns above 3,100 points ahead of Lunar New YearMarketsFeb 10, 2021South Korean benchmark Kospi bounced back after a roller coaster ride Wednesday ahead of the Lunar New Year holiday, surpassing the 3,100-point mark. The main bourse got off to a slightly strong sta... -
Pension funds unload W10.5tr worth of Korean stocks in 2021 so farMarketsFeb 9, 2021South Korean pension funds extended stock sell-offs to a 31st straight session, setting a record selling spree in local market history, data showed Tuesday. The combined net sales of the pension fun... -
Hyundai, Kia shares tumble over denial of Apple car talksMarketsFeb 8, 2021Shares of South Korea’s Hyundai Motor Group affiliates saw their stocks slump Monday after an announcement that the carmaker is not in talks with US tech giant Apple for a self-driving vehicle projec... -
Private investors’ appetite for high-risk assets continuesMarketsFeb 7, 2021South Korean retail investors have continuously injected more funds into high-risk financial products like cryptocurrency and stocks this year on the back of strong market rallies last year and the o... -
![[Weekender] Something special to celebrate a pandemic Seollal](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/02/05/20210205000286_0.jpg)
[Weekender] Something special to celebrate a pandemic SeollalCultureFeb 6, 2021According to the latest survey of 1,043 customers by e-commerce platform TMon, around 33 percent of them chose to buy products through the platform and use delivery services for gift-giving, while 32... -
Hanwha Investment to buy 6.15% stake in DunamuMarketsFeb 3, 2021Hanwha Investment and Securities, the brokerage arm of Hanwha Group, said Wednesday it has agreed to buy a 6.15 percent stake in Dunamu, an operator of global cryptocurrency exchange Upbit, for nearl... -
NCSoft benefits most from listing transfer to KospiMarketsFeb 1, 2021Forty-five companies, which first went public via South Korea’s tech-heavy Kosdaq market, saw at least a threefold surge in market valuation after they transferred to the nation’s main bourse market ... -
NPS chalks up gains from stock investments in 2020MarketsJan 27, 2021South Korea’s state-run pension fund raked in over 58 trillion won ($52.6 billion) from stock investments last year amid a bullish run on the local stock market, data showed Wednesday. The total amo...
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