Chinese Telecom Firm Zhongji InnoLight Tops Hong Kong Stock Market for Korean Investors
Chinese telecom giant Zhongji InnoLight (中際旭創) has emerged as the top net purchase among Korean retail investors, known as '중학개미', on the Hong Kong stock market this second half of the year. Since its listing at the end of last month, the stock has attracted significant buying interest from Korean investors despite its price volatility.According to the Korea Securities Depository, from July 8 to August 7, Zhongji InnoLight was the leading net purchase for domestic investors in the Hong K
Actor Ha-young's Family Responds to Controversy Over Pro-Japanese Ancestor
As allegations of pro-Japanese sentiment surrounding actor Ha-young's great-grandfather Ahn Sang-ho continue to spread, an interview with Ha-young's father, Mr. A, has sparked further controversy.On August 11, Ilgan Sports published an interview with Mr. A regarding the 'great-grandfather pro-Japanese controversy.' In the interview, Mr. A stated, "I have never thought of my great-grandfather's marriage to a Japanese woman as being pro-Japanese." However, online commentators pointed out that the
EnGen Bio Shares Surge Over 18% Following European Certification for Genetic Cancer Test
EnGen Bio shares have surged more than 18% during trading hours. The increase follows news that its genetic cancer diagnostic panel has received certification under the European In Vitro Diagnostic Regulation (IVDR), boosting expectations for expansion in the European market.As of 2:11 PM on August 11, EnGen Bio's stock was trading at 2,360 won, up 18.18% (363 won) from the previous trading day, according to the Korea Exchange.The rise in stock price appears to be influenced by the announcement
Samsung SDI Secures First Standalone Battery Plant in North America, Acquires Full Stake in GM Joint Venture
Samsung SDI has agreed to acquire the full 49.99% stake in the joint venture SynergyCells from General Motors (GM), transferring ownership to itself. This move allows Samsung SDI to secure its first standalone battery plant in North America.On August 11, Samsung SDI announced that through the acquisition of SynergyCells, it plans to mass-produce advanced battery products for various applications, including next-generation prismatic batteries developed in collaboration with GM.SynergyCells is a b
South Korea's Leverage Investments Surge Faster Than U.S.
국내 개인투자자의 레버리지 투자가 가파르게 증가하고 있다. 신용거래융자 잔고는 10년 만에 5.5배로 불어났고 레버리지 상장지수펀드(ETF) 순자산총액은 13배 이상 급증했다. 미수거래와 차액결제거래(CFD)까지 두 자릿수 증가세를 보이면서 개인투자자의 레버리지 투자 규모가 빠르게 확대되는 모습이다. 11일 이효섭 자본시장연구원 선임연구위원의 보고서에 따르면 지난 6월 말 국내 주식시장의 신용거래융자 잔고는 36조7000억원으로 2016년 말 6조7000억원보다 5.5배 증가했다. 연평균 증가율은 19.6%로, 같은 기간 미국의 마진거
President Lee: Discrepancies Among Ministries Reflect Democratic Process
이재명 대통령은 11일 정부 부처 간 이견을 '엇박자'나 '충돌'로 규정하는 일각의 시각에 대해 "민주적인 정책 결정 과정"이라고 말했다.검찰 보완수사권 폐지 이후 수사 공백 우려와 개인종합자산관리계좌(ISA) 개편 논란 등에 대해서는 후속 대책과 제도 재설계를 주문했다.이 대통령은 이날 정부세종청사에서 주재한 제35회 국무회의에서 "최근 국정 운영과 관련해 '부처 간 엇박자', '부처 간 충돌'이라는 의견들이 있더라"며 "부처 간 의견이 다른 게 드러난다고 마치 그렇게 하면 안 되는 것처럼 보는 것은 바람직하지 않다"고 밝혔
SK Hynix Becomes Effective Largest Shareholder of Kioxia
SK Hynix has effectively become the largest shareholder of Kioxia, a Japanese NAND flash semiconductor company.On August 11, Bloomberg reported that Kioxia disclosed in a public filing that its former largest shareholder, Toshiba, reduced its stake in Kioxia from 14.48% to 14.12% as of August 3. This change allowed BCPE Pangea Cayman 2, a special purpose vehicle (SPV) in which SK Hynix holds a 14.19% stake, to become the largest shareholder.BCPE Pangea Cayman 2 was established in 2018 by the U.S
Fire at Pyeongtaek Hazardous Materials Warehouse Contained After 9 Hours, No Injuries Reported
A fire at a large hazardous materials storage warehouse in Pyeongtaek, South Korea, was brought under control after approximately nine hours of firefighting efforts. Fortunately, there were no reported injuries.According to Yonhap News Agency, the blaze was declared under control at 9:08 a.m. on August 11, following its outbreak at 12:03 a.m. in a one-story warehouse building with a total area of 937 square meters, part of the PJK Pyeongtaek 1 Center.Due to concerns about rapid combustion from c
North Korea's Joint Liaison Office Explosion Lawsuit Delayed Until Next Month
The lawsuit filed by South Korea's Ministry of Unification against North Korea for the explosion of the Joint Liaison Office has been postponed until next month.According to legal sources on August 11, the Seoul Central District Court's Civil Division 46 has rescheduled the verdict originally set for August 12 to September 16 at the request of the Ministry of Unification.A Ministry official stated during a press briefing at the Government Seoul Complex, "This is the first case of its kind agains
NCSOFT Reports Q2 Operating Profit of 173.9 Billion Won, Up 1,053% Year-on-Year
NCSOFT has significantly boosted its second-quarter performance, driven by the success of its PC games based on the 'Lineage' intellectual property (IP) and increased overseas sales.The company reported consolidated revenue of 770.5 billion won and an operating profit of 173.9 billion won on August 11. Revenue increased by 38% compared to the previous quarter, while operating profit rose by 53%. Year-on-year, these figures represent increases of 101% and 1,053%, respectively, with an operating p