[Featured Stock] Electric Vehicle Battery Stocks Return... LG Chem Up 4.7%
[Asia Economy Reporter Ji Yeon-jin] LG Chem is soaring sharply from the early morning of the 10th.
As of 9:22 AM on the day, LG Chem is trading at 902,000 KRW, up 4.76% from the previous day. This is interpreted as a ripple effect of Tesla's nearly 20% surge in the US stock market the day before, following news that electric vehicle sales in China have increased.
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LG Chem has spun off LG Energy Solution, which manufactures electric vehicle batteries.
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