Stock Market Surpasses 2700, Top 10 Wealthiest Investors' Assets Increase by 11 Trillion Won in Rally
[Asia Economy Reporter Koh Hyung-kwang] Thanks to the stock market, which began a sharp upward trend last month, the stock wealth of the top 1 to 10 richest stockholders in Korea has increased by about 11 trillion won.
According to Chaebol.com on the 6th, the total value of shares held by the top 1 to 10 shareholders of listed companies in Korea was 64.7493 trillion won as of the 4th, up 11.2818 trillion won (21.10%) from 53.4674 trillion won on the 4th of last month.
This is because the KOSPI has continued its rising rally over the past month, soaring more than 15%.
The person whose wealth increased the most was the late Lee Kun-hee, former chairman of Samsung Electronics, whose share valuation rose by 3.6865 trillion won (20.6%) from a month ago to 21.558 trillion won. Samsung Electronics' stock price surpassed 70,000 won for the first time ever, supported by net purchases from foreign investors.
Seo Jung-jin, chairman of Celltrion and the third richest stockholder, also saw his share value surge 65.06% (3.1818 trillion won) to 8.0731 trillion won, ranking first in growth rate among the top 10 stockholders.
Celltrion's stock price jumped 40.48% on news that the global Phase 2 clinical trial patient recruitment and dosing for the COVID-19 antibody treatment 'CT-P59' (generic name Regdanvimab) had been completed and that emergency use approval would soon be applied for. The gap with Lee Jae-yong, vice chairman of Samsung Electronics and the second richest stockholder (8.3408 trillion won), narrowed to less than 270 billion won.
Hot Picks Today
"Suspicious Timing?"...Trump Traded Stocks After Praising Wartime Capabilities
- "Police Agency Directs Officers to Refrain from Dispatches for School Sports Day Noise Complaints"
- There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- "I Went to 10 Convenience Stores and Still Couldn't Buy It": The Bread Sensation That Sold 100 Million Units Already [The Way We Shop Now]
- "Contact Me First If Houses Are Built": Wealthy Clients Eyeing... Will Ultra-High-End Residences Worth 20 Billion Won Be Developed? [Real Estate AtoZ]
The 4th place is Chung Mong-koo, honorary chairman of Hyundai Motor Group, whose stock wealth increased 13.33% from 4.3893 trillion won to 4.9744 trillion won, and 5th place Kim Beom-su, chairman of Kakao's board, whose shares rose 8.34% from 4.494 trillion won to 4.869 trillion won. SK Group chairman Chey Tae-won’s stock wealth growth rate was 28.27% (687.6 billion won), the second highest among the top 10.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
