[Featured Stock] Doosan Fuel Cell Soars on Sale Expectations

[Asia Economy Reporter Jang Hyowon] Doosan Fuel Cell is showing a sharp rise amid growing expectations that it will be sold as part of Doosan Group's self-rescue plan.

As of 9:10 a.m. on the 14th, Doosan Fuel Cell is trading at 8,020 won, up 15.94% (1,120 won) from the previous day.

The day before, Doosan Group submitted a financial restructuring plan for Doosan Heavy Industries to its creditors. Doosan Group is reviewing all possible measures, including sales, for all assets that can be securitized to normalize the management of Doosan Heavy Industries.

Accordingly, the sale of stakes in strong subsidiaries such as Doosan Solus and Doosan Fuel Cell, which are part of Doosan's business divisions, is being strongly considered.

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