The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. In March, nationwide pre-sales volume amounted to 18,000 units, with a subscription ratio of 22:1. Most of the pre-sales volume was concentrated in Seoul/neighboring areas and regional metropolit
People Power Party lawmaker Han Moo-kyung said on April 18 that the Sangmyung Wind Farm in Jeju produced 706 kg of hydrogen for 61 days by using 45,443 kwh of electricity.“In other words, 64.3 kwh of electricity was used to produce 1 kg of hydrogen,” she said, adding, “Given that the wholesale elect
President-elect Yoon Suk-yeol is signaling that the new government’s role in its economic policies will be reduced so that private-sector market participants can lead economic growth more than before.On April 10, he nominated People Power Party lawmaker Choo Kyung-ho as the head of his economic team
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com. -- Ed. Handsome is a major domestic high-end fashion brand. It has strengthened its fundamentals via both a no-sales price policy and directly-run retail channels for The Handsome House and The Handsome.c
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. In January, which is a low season for the domestic construction industry, nationwide apartment pre-sales reached 17,000 units (+10% y-y), with a subscription ratio of 9.7:1. Sales focused on rela
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com -- Ed. Jeju Air continues to exhaust liquidity amid slow demand recovery. In light of the chances of additional capital expansion within 2022, we lower our TP on Jeju Air from W24,000 to W18,000. Pre-condit
The author is an analyst of NH Investment & Securities. He can be reached at jack.baek@nhqv.com. -- Ed. Daedong is the largest agricultural machinery manufacturer in Korea. The firm’s exports of small/mid-sized tractors to North America are set to climb sharply, resulting in record-high earnings. Th
The author is an analyst of NH Investment & Securities. He can be reached at jooyh@nhqv.com. -- Ed. Earnings for both Hotel Shilla’s DFS domain and its hotel business are consistent with our estimates. There is some negative investor sentiment towards the DFS industry due to stricter regulations on
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. December figures show the highest monthly national pre-sales volume for last year. Except for Daegu and Gyeongbuk, subscription ratios proved sound.Monthly-high pre-sale volume reached in Decembe
Choi Joon-wook, president of Incheon Port Authority (IPA), looked back on the year of 2021 in his New Year’s address for 2022, saying, “The year of 2021 was a year that IPA laid the foundation for substantial growth and future projects at Incheon Port despite extreme changes in the international log
Korea Gas Corp. (Kogas) announced on Dec. 29 that it plans to establish a hydrogen platform that encompasses hydrogen production bases, hydrogen charging stations, and overseas hydrogen production facilities. As a first step toward realizing the plan, it broke ground for the construction of a hydrog
A liquid-propellant rocket made by KAIST undergraduate students is scheduled to be launched in Jeju on Dec. 29.It is 3.2 meters in length, 19 cm in diameter, and 51 kg in weight. Its propulsion system provides a thrust of 150 kg by using ethanol and liquid oxygen as fuel and oxidizer, respectively.
Yeonsu-gu of Incheon hosted the 5th International Conference on Learning Cities (ICLC) at the Songdo Conventia from Oct. 27-30, with some 2,000 representatives and officials from 229 member cities of 64 countries attending.While the world's biggest lifelong learning festival ended about two mont
Shinhan Financial Group announced on Dec. 17 that it has become the first Asian financial company to be awarded in the Open Innovation Challenger category of the Corporate Startup Stars Awards (CSS Awards).The CSS Awards is a prestigious annual prize launched under the European Commission’s Startup
The authors are analysts of NH Investment & Securities. They can be reached at minjae.lee@nhqv.com and ys.jung@nhqv.com, respectively. -- Ed. Currently relying mainly upon fossil fuel, KEPCO is converting over from fossil fuels to renewable energy to help achieve carbon neutrality. By 2030, KEPCO pl
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. MOLIT is aiming to strengthen the publicness of urban redevelopment projects by limiting the upper limit of the private profit rate to 10%. At this juncture, it is difficult to predict the mid/lo
The author is an analyst of NH Investment & Securities. He can be reached at jooyh@nhqv.com. -- Ed. Lotte Rental’s share price has fallen on concerns over an earnings peak-out; however, we expect the firm’s earnings growth to sustain into 2022. From a valuation viewpoint, the shares look appealing.A
Doosan Heavy Industries & Construction, which holds the largest track record in Korea for the supply of offshore wind turbines, has completed the Jangheung Wind Farm in Jangheung, South Jeolla Province.The company held a ceremony on Nov. 3 to celebrate the construction of the wind farm, a project th
Starbucks Coffee Korea announced on Nov. 4 that 12 of its stores in Seoul would not use disposable cups starting from Nov. 6.At present, Starbucks is reducing its use of disposable cups worldwide in accordance with its business strategy announced in April. At four of its stores in Jeju, the measure
Democratic Party of Korea lawmaker Kim Sung-whan remarked on Oct. 15 that the hydrogen economy plan of the South Korean government is more than 10 years behind those of advanced countries.“According to the plan, the self-procurement of green hydrogen will be zero percent until 2030 and stand at 20 p