[Featured Stock] Hanwha Galleria Soars 20% on First Trading Day After Demerger
On the 31st, Hanwha Galleria, which was spun off from Hanwha Solutions, is showing a surge of nearly 20% during trading hours.
As of 10:51 AM that day, Hanwha Galleria was trading at 2,495 KRW, up 19.95% from the opening price of 2,080 KRW.
At the same time, Hanwha Galleria Preferred shares rose to 9,890 KRW, hitting the price limit increase of 30%.
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Hanwha Solutions decided to spin off the Galleria division in September last year and newly listed Hanwha Galleria on this day. Existing Hanwha Solutions shareholders received shares of the continuing company Hanwha Solutions and the newly established company Hanwha Galleria at an approximate ratio of 9 to 1.
This content was produced with the assistance of AI translation services.
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