[Featured Stock] Hotel Shilla Rises Strongly on Successful Corporate Bond Demand Forecast
[Asia Economy Reporter Eunmo Koo] Hotel Shilla has surged, continuing its upward trend for three consecutive days. This is attributed to the success in securing buy orders exceeding the target amount in the corporate bond issuance demand forecast.
As of 10:02 AM on the 17th, Hotel Shilla was trading at 78,900 KRW, up 6.48% (4,800 KRW) from the previous trading day.
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On the 16th, Hotel Shilla, with a credit rating of 'AA', received buy orders totaling 250 billion KRW, exceeding the target amount of 150 billion KRW in the corporate bond demand forecast. The Bond Market Stabilization Fund also participated in the demand forecast, placing buy orders worth 50 billion KRW.
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