[Featured Stock] SK바사 Heads Straight to 'Ttah-sang' on First Day of Listing
[Asia Economy Reporter Ji Yeon-jin] SK Bioscience recorded a "ttasang" on its first day of KOSPI listing on the 18th, with the opening price set at 130,000 won, double the public offering price, and immediately hitting the upper limit price of 169,000 won.
On that day, SK Bioscience's opening price was 130,000 won, twice the public offering price of 65,000 won. As of 9:03 AM, it was trading at 169,000 won, up 160% from the public offering price.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- Signed Without Viewing for 1.6 Billion Won... Jamsil and Seongbuk Jeonse Prices Jump 200 Million Won in a Month [Real Estate AtoZ]
- "Groups of 5 or More Now Restricted"... Unrelenting Running Craze Leaves Citizens and Police Exhausted
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
SK Bioscience, which attracted attention as the first major initial public offering (IPO) of the year, had its "ttasang" anticipated during the demand forecast for institutional investors and the public subscription for general investors. The demand forecast conducted on the 5th attracted over 1,000 trillion won in funds, recording a competition rate of 1274.47 to 1, and the general public subscription held on the 9th and 10th gathered 63.6198 trillion won, setting a new record for the largest IPO subscription deposit ever.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
