China’s Huawei took the wraps off a new laptop with a 5-nm application processor (AP). This came three months after the company unveiled a new smartphone with a 7-nm chip of its own development.According to sources in the information technology (IT) industry on Dec. 13, Huawei recently unveiled a ne
As the shareholder meeting season approaches in March next year, activist funds are gearing up for more assertive actions. Some stocks targeted by activist funds are experiencing price fluctuations in anticipation of the resolution of undervaluation. The securities industry is anticipating that shar
LIG Nex1 is actively expanding its presence in the defense markets of Africa, Europe, and North America, following its success in the Middle East.According to defense industry sources on Dec. 13, LIG Nex1 made its inaugural participation at the “Egypt Defense Expo (EDEX) 2023,” the largest event of
LS Group’s carbon free electricity (CFE) business is gaining momentum. The sub-subsidiary of LS Group, a company specializing in environmentally friendly core materials and components, has seen a sharp increase in its corporate value.According to the Korea Exchange on Dec. 13, LS Materials’ stock cl
On Dec. 13, Celltrion Group announced a cash dividend of 500 won (US$0.38) per share for Celltrion common stock, totaling 103.7 billion won.Celltrion Healthcare will receive dividends as a shareholder in the consolidated Celltrion through a new share integration, with the record date set for Dec. 31
Starting on Dec. 14, the foreign investor registration system, which was considered one of the causes of the “Korea Discount,” or the undervaluation of the South Korean stock market, will be abolished.According to the financial investment industry on Dec. 12, the “Enforcement Decree of the Capital M
Last month, foreign investment funds in domestic stocks and bonds reversed into net inflows for the first time in four months.According to a report titled “Trends in International Finance and Foreign Exchange Markets Since November” released by the Bank of Korea on Dec. 12, foreign securities invest
McKinsey & Company released an economic diagnosis report titled “Korea’s Next S-Curve” on Dec. 11. This report comes ten years after the firm’s previous report titled “Beyond Korean style: Shaping a new growth formula,” suggesting that the South Korean economy has reached its growth limits.In its re
Mirae Asset Securities announced on Dec. 12 that it is acquiring Sharekhan Limited, an Indian brokerage firm. This marks a significant milestone as it comes five years after the company first entered the Indian capital market in 2018, a pioneering move by a South Korean securities firm.On the same d
Samjong KPMG (KPMG Korea) predicts that the semiconductor and smartphone markets will rebound in 2024 thanks to the full-scale commercialization of artificial intelligence (AI) technology. On the other hand, the automobile, shipping, construction, and distribution industries are likely to show slugg
Data reveals that 60% of all private equity funds recorded deficits. Despite an increase in both the total number of private equity funds and their assets under management, the growing number of companies operating in the red indicates an accelerating polarization in the private equity market, accor
As expectations for a stock market rebound rise due to the complete ban on short selling, there is an increase in related funds in the market. With investor deposits recovering to 50 trillion won in just two months, there also seems a surge in the balance of margin loans.According to the Korea Finan
LIG Nex1 has initiated the pursuit of acquiring Ghost Robotics, a U.S.-based robotics company known for developing robotic dogs.The company announced in a regulatory filing on Dec. 8 that it will acquire a 60% stake in Ghost Robotics for 315 billion won (US$238.46 million).To facilitate the acquisit
Activist funds pushing for better corporate governance and increased shareholder returns are expected to make many moves ahead of the annual shareholder meeting season for listed companies early next year.Major activist funds Truston Asset Management (Taekwang Industries-BYC), Align Partners Asset M
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Backed by lower P/E levels than those for other game companies and healthy 3Q23 earnings, Krafton’s share price has rebounded. However, the recent share price rise has pushed up its P/E. As Krafto
The author is an analyst for NH Investment & Securities. He can be reached at junsup@nhqv.com -- Ed.Mirae Asset Life’s share price is moving strong in response to majority shareholders’ share purchasing activity. However, it is unclear as to how long these purchase effects will last.Share price ener
Kia’s large electric sports utility vehicle (SUV), the EV9, is having a surprise year-end sales promotion with nearly 30 percent off. Normally the margin rate of electric vehicles is within 10 percent, but this massive sales discount has made the price of a new EV9 lower than that of a secondhand EV
EOFLOW announced on Dec. 7 that it has terminated its acquisition contract with Medtronic, which was initially signed in May. The company disclosed the termination of the acquisition contract with Medtronic, leading to the withdrawal of the paid-in capital increase and the annulment of the stock tra
After the implementation of the short selling ban last month, it has been revealed that foreign investors have acquired over 3 trillion won worth of domestically listed stocks in the past month. This marks a turnaround for foreign investors, shifting from net selling to net buying of domestic stocks
LOTTE Fine Chemical recently contracted for 5,000 tons of Vietnamese urea, signaling a shift towards alternatives to Chinese imports amid growing concerns over shortages in supply of diesel exhaust fluid (DEF), essential for diesel vehicles, due to disruptions in Chinese urea imports.On Dec. 6, the