[Asia Economy Reporter Minwoo Lee] Daesung Fintech's stock price is on the rise. It appears to be grouped as a related stock due to the news that its headquarters are located in Changwon, Gyeongnam, the hometown of former Board of Audit and Inspection Chairman Choi Jae-hyung, and that the company's CEO is also from the same hometown as the former chairman.


As of 10:15 a.m. on the 21st, Daesung Fintech's stock price recorded 2,870 KRW, up 5.13% compared to the previous day. This is believed to be because the company's association with the hometown of former Chairman Choi, whose approval rating is rising as a potential next presidential candidate, has spread.


Former Chairman Choi's hometown is Jinhae-gu, Changwon-si, Gyeongnam, and Daesung Fintech's headquarters are also located in Changwon-si. The company's CEO, Kim Byung-joon, is also from Changwon, Gyeongnam, the same hometown as candidate Choi Jae-hyung. The largest shareholder of the company, Daesung Emtech, is also located in Jinhae-gu, Changwon-si.


Meanwhile, according to a survey conducted by the Korean Society Opinion Institute (KSOI) commissioned by TBS from the 16th to 17th, targeting 1,013 people nationwide aged 18 and over, former Chairman Choi recorded 5.6% in suitability as the next presidential candidate. He ranks second among opposition candidates following former Prosecutor General Yoon Seok-youl (30.3%). Gyeonggi Province Governor Lee Jae-myung recorded 25.4%, and former Democratic Party leader Lee Nak-yeon recorded 19.3%.



The margin of error for this survey is ±3.1 percentage points at a 95% confidence level. For more details, please refer to the Central Election Poll Deliberation Commission and the Korean Society Opinion Institute websites.


This content was produced with the assistance of AI translation services.

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