[Featured Stock] Hanse MK Hits Upper Limit Again Related to Choi Jae-hyung, Chairman of the Board of Audit and Inspection
[Asia Economy Reporter Ji Yeon-jin] Hansae MK surged to the daily price limit on the 24th, hitting a 52-week high again. It has been experiencing sharp fluctuations since the 21st as it is grouped as a related stock of Choi Jae-hyung, the Chairman of the Board of Audit and Inspection, who is mentioned as a presidential candidate.
Hansae MK was trading at 9,490 KRW at 9:48 AM on the day, up 30% from the previous day. This is a 52-week high. The company is classified as a related stock of Chairman Choi, and after hitting the upper limit for two consecutive days starting from the 21st, it dropped more than 10% the day before but showed a sharp rise again on the day.
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Hansae MK became linked as a related stock as CEO Kim Dong-nyeong is known to be an alumnus of Gyeonggi High School and Seoul National University with Chairman Choi.
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