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The Financial Supervisory Service (FSS) has stated that payment gateway (PG) companies violate the Electronic Financial Transactions Act if they refuse to cancel transactions.
Reporter Kim SangJin 2024.07.30
[Alpha Biz= Reporter Kim Sangjin] Timon and WEMAKEPRICE, which faced issues with unpaid settlement amounts, are now addressing ref ...

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NH Investment & Securities has been sanctioned by financial authorities for providing golf entertainment and other perks to retirement pension officials.
Reporter Kim SangJin 2024.07.30
[Alpha Biz= Reporter Kim Sangjin] NH Investment & Securities has been sanctioned by the Financial Supervisory Service (FSS) fo ...

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DGB Financial Reports 73% Drop in Q2 Net Profit to 38.8 Billion Won
Reporter Kim SangJin 2024.07.30
[Alpha Biz= Reporter Kim Sangjin] DGB Financial Group reported a significant decrease in its net profit for the second quarter of ...

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Jang Hyun-guk's Full Stake Sale in Wemade Leads to 30% Drop in Wemix Over One Month
Reporter Kim SangJin 2024.07.30
[Alpha Biz= Reporter Kim Sangjin] The price of Wemix, a virtual asset issued by game developer Wemade, has fallen to its lowest le ...

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Impact of Real Estate PF Business Restructuring Pushes Financial Sector Non-Performing Loan Ratio to 5-Year High
Reporter Kim SangJin 2024.07.30
[Alpha Biz= Reporter Kim Sangjin] The restructuring of real estate project financing (PF) has caused the non-performing loan ratio ...

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Samsung Electronics and its labor union will enter intensive negotiations starting yesterday for the next three days.
Kim Minyoung 2024.07.30
[Alpha Biz= Reporter Kim Minyoung] The National Samsung Electronics Union, the largest labor union at Samsung Electronics, has bee ...

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SK and China’s Geely Executives Meet to Discuss Mobility Sector Collaboration
Kim Minyoung 2024.07.30
[Alpha Biz= Reporter Kim Minyoung] On the 29th, executives from China's Zhejiang Geely Holding Group visited SK's headquarters in ...

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Daishin Securities has reduced its target price for Modetour by 19% due to the recent issues with Tmon and WEMAKEPRICE.
Kim Minyoung 2024.07.29
[Alpha Biz= Reporter Kim Minyoung] Daishin Securities has lowered its target price for Modetour Network to 17,000 won, a 19% decre ...

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Kiwoom Securities has evaluated that the challenging operating environment for Hotel Shilla is likely to persist for the time being.
Kim Minyoung 2024.07.29
[Alpha Biz= Reporter Kim Minyoung] On the 29th, Kiwoom Securities assessed that Hotel Shilla had disappointing results for the sec ...

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Korea Investment & Securities has maintained a "Buy" rating on LIG Nex1 with a target price of 260,000 won.
Kim Minyoung 2024.07.29
[Alpha Biz= Reporter Kim Minyoung] On the 29th, Korea Investment & Securities emphasized the importance of LIG Nex1’s strong d ...

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Daishin Securities has maintained a "Buy" rating on Kia and kept the target price at 195,000 won.
Kim Minyoung 2024.07.29
[Alpha Biz= Reporter Kim Minyoung] On the 29th, Daishin Securities stated that Kia is likely to undertake additional share buyback ...

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KB Securities has projected that LG Innotek's stock has significant potential for growth and could reach new highs this year.
Reporter Kim SangJin 2024.07.29
[Alpha Biz= Reporter Kim Sangjin] KB Securities has forecasted that LG Innotek's stock has substantial potential for growth and co ...

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ICS has sold its entire stake in Samsung Life Insurance
Reporter Kim SangJin 2024.07.29
[Alpha Biz= Reporter Kim Sangjin] IMM Credit & Solution (ICS) has sold its entire stake in Samsung Life Insurance.According to ...

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Hyosung Heavy Industries reported a 26.9% year-over-year decrease in operating profit for the second quarter of this year.
Reporter Kim SangJin 2024.07.29
[Alpha Biz= Reporter Kim Sangjin] Hyosung Heavy Industries reported a 26.9% year-over-year decrease in operating profit for the se ...

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Golfzon reported an operating profit of 25.6 billion KRW for the second quarter, a decrease of 17% compared to the same period last year
Reporter Kim SangJin 2024.07.29
[Alpha Biz= Reporter Kim Sangjin] Golfzon (215000) reported its Q2 earnings for this year, showing a consolidated operating profit ...

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Doosan Bobcat has dismissed four executives after embezzlement allegations were uncovered in an audit of a subsidiary.
Reporter Kim SangJin 2024.07.29
[Alpha Biz= Reporter Kim Sangjin] Doosan Bobcat announced on the 26th that it had uncovered allegations of embezzlement involving ...

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POSCO Future M's disappointing earnings have led securities firms to downgrade their target prices.
Reporter Kim SangJin 2024.07.29
[Alpha Biz= Reporter Kim Sangjin] Securities firms have collectively lowered their target prices for POSCO Future M following an e ...

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GS Retail has passed the preliminary review for the re-listing of its spin-off entity, 'Parnas.'
Reporter Kim SangJin 2024.07.29
[Alpha Biz= Reporter Kim Sangjin] GS Retail's spin-off entity, tentatively named Parnas Holdings, has passed the preliminary revie ...

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Doosan's stock has plummeted by 38.0% in just ten days.
Reporter Kim Jisun 2024.07.29
[Alpha Biz= Reporter Kim Jisun] According to the Korea Exchange on the 27th, Doosan's stock price, which peaked at 263,500 won on ...

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