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Seoul Semiconductor Returns to Profit After Eight Quarters; CEO Lee Jeong-hoon Optimistic About Amazon Lawsuit
Reporter Kim SangJin 2024.08.13
[Alpha Biz= Reporter Kim Sangjin] Seoul Semiconductor, a leading company in optoelectronics, has successfully returned to profitab ...

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Korea Investment & Securities Raises Hanwha General Insurance Target Price to 7,000 Won
Kim Minyoung 2024.08.13
[Alpha Biz= Reporter Kim Minyoung] On August 12, Korea Investment & Securities raised its target price for Hanwha General Insu ...

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Yongpyong's Seokpo Smelting Plant Union Rejects Environmental Groups' 'Factory Closure' Demands
Reporter Kim Jisun 2024.08.13
[Alpha Biz= Reporter Kim Jisun] The union of Yongpyong's Seokpo Smelting Plant has expressed strong opposition to demands from env ...

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HLB Therapeutics' NK Therapy Valued at $1.8 Billion by U.S. Expert Evaluation Firm
Kim Minyoung 2024.08.13
[Alpha Biz= Reporter Kim Minyoung] HLB Therapeutics has announced that its NK (Natural Killer) cell therapy, RGN-259, currently un ...

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NAVER Stock Struggles Around KRW 160,000 After Starting the Year at KRW 200,000
Kim Minyoung 2024.08.13
[Alpha Biz= Reporter Kim Minyoung] As of the 12th, NAVER's shares closed at KRW 160,300, down 2.08% from the previous trading day. ...

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Chorokbaem Media Acquired by Q Capital for 180 Billion Won
Reporter Kim Jisun 2024.08.13
[Alpha Biz= Reporter Kim Jisun] Chorokbaem Media, known for producing popular dramas like “My Mister” and “All In,” has been acqui ...

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Krafton reported its second-quarter consolidated financial results with revenues of KRW 707 billion, operating profit of KRW 332 billion, and net profit of KRW 341 billion.
Kim Minyoung 2024.08.13
[Alpha Biz= Reporter Kim Minyoung] On August 12, Krafton announced its financial results for the second quarter, reporting consoli ...

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Hanwha Securities Faces Institutional Warning from Financial Supervisory Service for Document Forgery Concealment
Kim Minyoung 2024.08.12
[Alpha Biz= Reporter Kim Minyoung] Hanwha Investment & Securities Concealed Employee Document Forgery, Receives Institutional ...

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SM Provides 50 Stock Grants Per Employee and Announces 20.7 Billion Won Share Buyback
Kim Minyoung 2024.08.12
[Alpha Biz= Reporter Kim Minyoung] On September 9, SM Entertainment announced that it will grant 50 shares of its own stock to eac ...

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MBK Partners to Pursue Refinancing for Lotte Card
Kim Minyoung 2024.08.12
[Alpha Biz= Reporter Kim Minyoung] MBK Partners has embarked on a refinancing project for Lotte Card, which includes a recapitaliz ...

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Korea Gas Corporation's Accounts Receivable Rise Again to 13.7 Trillion Won in Q2
Kim Minyoung 2024.08.12
[Alpha Biz= Reporter Kim Minyoung] Korea Gas Corporation (KOGAS) reported that its accounts receivable from the private sector ros ...

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HYBE Drops Over 6% Amid BTS Suga’s DUI Incident and Bang Si-hyuk Scandal
Reporter Kim Jisun 2024.08.12
[Alpha Biz= Reporter Kim Jisun] HYBE has been shaken by recent scandals involving BTS's Suga and Chairman Bang Si-hyuk, leading to ...

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Kumho Tire's labor union has decided to initiate a strike
Kim Minyoung 2024.08.12
[Alpha Biz= Reporter Kim Minyoung] According to the Kumho Tire branch of the National Metalworkers' Union, the union has voted to ...

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Hana Securities Lowers LG Target Price Due to Diminished Expectations for Fundamental Improvement
Reporter Kim SangJin 2024.08.12
[Alpha Biz= Reporter Kim Sangjin] Hana Securities has downgraded LG's target price from KRW 120,000 to KRW 105,000 due to reduced ...

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Financial Supervisory Service to Inspect Capital Companies This Week... Reports Indicate Some PF Delinquency Rates Soaring to 30-50%
Reporter Kim SangJin 2024.08.12
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has decided to conduct on-site inspections of capital co ...

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LS Eco Energy to Supply 2,000 km of Transmission Towers and Lines to Vietnam Electricity
Reporter Kim SangJin 2024.08.12
[Alpha Biz= Reporter Kim Sangjin] On August 11, LS Eco Energy announced that it has supplied approximately 2,000 km of transmissio ...

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T'way Air Flight from Singapore Returns for 'Safety Check'... Departure Delayed by 21 Hours
Reporter Kim SangJin 2024.08.12
[Alpha Biz= Reporter Kim Sangjin] A T'way Air flight bound for Incheon from Singapore had to return shortly after takeoff due to a ...

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Woori Bank Provides 35 Billion Won in Improper Loans to Relatives of Chairman Son Tae-seung
Reporter Kim SangJin 2024.08.12
[Alpha Biz= Reporter Kim Sangjin] Woori Bank has been found to have provided a total of 61.6 billion won in loans over the past fo ...

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Samsung Confirms Investment in 6th-Generation DRAM at Pyeongtaek Plant 4
Reporter Kim SangJin 2024.08.12
[Alpha Biz= Reporter Kim Sangjin] Samsung Electronics is set to establish a 6th-generation DRAM production line at its Pyeongtaek ...

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Coupang Logistics Services (CLS), has decided to directly employ over 6,500 workers who are dedicated to sorting delivery items by the end of this year.
Reporter Kim SangJin 2024.08.12
[Alpha Biz= Reporter Kim Sangjin] Coupang's logistics subsidiary, Coupang Logistics Services (CLS), has announced plans to fully d ...

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