Stock Valuation a Whopping '162.8 Billion'... Who Is the 28-Year-Old Youngest 'Super Gaemi'?
Korea CXO Institute, Survey on Individual Investors Holding Over 5% Stake
1st Place Shin Dong-guk, Chairman of Hanyang Precision
[Asia Economy Reporter Na Yeeun] It has been found that there are a total of 63 so-called 'super individual investors' who hold more than 5% of shares for simple investment purposes in the domestic stock market. Among them, Shin Dong-guk, chairman of Hanyang Precision, holds the largest amount of shares, and the next 'super individual investor' is known to be born in the 1990s.
On the 26th, Korea CXO Research Institute, a Korean corporate analysis specialist, announced the results of its survey on 'individual investors holding more than 5% of shares for simple investment purposes in domestic listed companies and the status of stock valuation.'
According to the institute, there are 63 super individual investors holding more than 5% of shares active in domestic listed companies. This is 9 fewer than the 72 identified in the survey conducted in October 2019.
However, the value of stock assets has increased. At that time in 2019, the stock valuation of the 72 major shareholders was about 1.24 trillion KRW, but the stock asset size of the 63 identified this year has exceeded 1.72 trillion KRW.
On the 26th, dealers are working in the dealing room of Hana Bank in Euljiro, Seoul.
View original imageThe top stock tycoon among the super individual investors surveyed this year is the same as in 2019: Shin Dong-guk (born 1950), chairman of Hanyang Precision, who holds shares in Hanmi Pharmaceutical and Hanmi Science. Including shares held by related parties, Chairman Shin holds 12.14% (8,168,257 shares) of Hanmi Science and 7.71% (931,578 shares) of Hanmi Pharmaceutical.
Based on the closing prices on the 21st, the stock valuation was calculated as 392 billion KRW for Hanmi Science and 241.7 billion KRW for Hanmi Pharmaceutical. The combined stock value held in these two companies exceeded 630 billion KRW. This is an increase of more than 50 billion KRW compared to the 578.7 billion KRW stock assets identified in the October 2019 survey. Chairman Shin Dong-guk is known to be a high school classmate junior of the late Im Seong-gi, founder of Hanmi Pharmaceutical.
The next super individual investor after Chairman Shin is Lee Hyun-ji, born in the 1990s, who holds shares in the KOSDAQ company Enchem. According to the Financial Supervisory Service report, he was born in 1995 and is 28 years old this year. He is among the youngest super individual investors surveyed. As of November 4 last year, Lee Hyun-ji held about 9.73% (14,700,630 shares) of Enchem. Based on the closing price of Enchem shares on the 21st, 110,700 KRW per share, the stock valuation was calculated at approximately 162.8 billion KRW.
Meanwhile, looking at stock owners with assets below 10 billion KRW, there were 3 people in the 9 billion KRW range, 3 in the 8 billion KRW range, 2 in the 7 billion KRW range, 6 in the 6 billion KRW range, and 7 in the 5 billion KRW range, with 19 people holding less than 5 billion KRW.
Examining the age groups of the 63 super individual investors, the early 1970s X generation born between 1970 and 1974 was the largest group with 12 people. This was followed by 11 people each born between 1955 and 1959 and between 1960 and 1964. There were also 6 major shareholders born after 1980.
Oh Il-seon, director of Korea CXO Research Institute, said, "In October last year, an employee of Osstem Implant held more than 5% of shares in another listed company for simple investment purposes and was active as a super individual investor with a stock valuation of over 100 billion KRW, but just three months later, embezzlement incidents surfaced, becoming a social issue."
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He added, "Given this situation, among individual investors holding more than 5% of shares, some are lowering their shareholding to below 5% to avoid disclosing changes in shareholding status through reports such as the 'Large Shareholding Report'."
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