[Market Focus] HancomWITH Hits Record High as Affiliate's KOSDAQ Listing Becomes More Likely
HancomWITH is showing strong performance in early trading.
As of 9:07 a.m. on June 19, shares of HancomWITH were trading at 4,055 won, up 12.80% (460 won) from the previous day. During intraday trading, the stock surged to 4,065 won, setting a new 52-week high. This marks a four-day consecutive rise.
Investor sentiment appears to have improved as HancomInSpace, an affiliate of Hancom, successfully completed a technology evaluation, making its plan to list on KOSDAQ in the first half of next year more tangible. As of the first quarter, HancomWITH holds a 6.9% stake in HancomInSpace.
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On this day, HancomInSpace announced that it had secured a technology rating from a professional technology evaluation agency designated by the Korea Exchange, recognizing its unique technological capabilities and market potential. This means the company has passed a key hurdle for a technology-special listing. It is considered significant that, among domestic companies, HancomInSpace has received the highest rating from a reputable institution for its AI-based integrated data fusion analysis technology.
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