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Korean entertainment giant CJ ENM denied rumors on Feb. 19 that it intends to sell off its 21.96 percent of stakes in mobile gaming giant Netmarble , which was worth some 2.24 trillion won (US$1....
Netmarble will be able to create synergies when it succeeds in acquiring Nexon, said SK Securities on Feb. 19 suggesting a “buy” recommendation and 140,000 won (US$124.19) target price. Its revenue ...
Yuhan’s earnings this year will recover on the strength of licensing and collaboration payments, rather than its main pharmaceutical business, said Hana Financial Investment on Feb. 19, maintaining a...
Kia Motors’ stock price has risen close to the target price, said KB Investment and Securities on Feb. 19 downgrading its recommendation to a “hold” from a “buy” while maintaining 40,000 won (US$35.4...
Shareholders of South Korean jewelry maker J.Estina are under scrutiny for abusing insider information after selling off stakes just ahead of financial reports about its ballooning losses and a two...
JYP Entertainment ’s new girl group ITZY will propel the company’s earnings growth this year, said NH Investment and Securities on Feb. 18, maintaining a “buy” recommendation and a 40,000 won (US$35...
LG Innotek ’s additional investments in optical solutions sector will result in earnings improvement, said Kiwoom Securities on Feb. 18 maintaining a “buy” recommendation and 150,000 won (US$133.43)...
Shinsegae ’s earnings in the fourth quarter last year were slow, said Hyundai Motor Investment and Securities on Feb. 18 lowering the target price to 320,000 won (US$284.57) from 330,000 won. Its r...
Lotte Shopping may improve its profitability, but it will not be easy for it to achieve a significant improvement in its earnings, said NH Investment and Securities on Feb. 15, lowering the target p...
Kakao will advance in several sectors, including advertising, said KB Investment and Securities on Feb. 15, maintaining a “buy” recommendation and raising the target price to 138,000 won (US$122.43)...
E-mart ’s offline discount stores will remain slow, said Korea Investment and Securities on Feb. 15, lowering the target price to 230,000 won (US$203.95) from 260,000 won. The chain’s operating pro...
Korea’s civic groups on Feb. 14 filed a criminal suit against the top financial regulators, charging them with negligence in cracking down on illegal short selling in the local stock market. Represe...
Hanjin Group’s new management scheme has shown its will to promote shareholder values, and investor sentiments for its affiliates will improve, said Korea Investment and Securities on Feb. 14. Takin...
Lotte Chemical ’s earnings will begin to improve from the first quarter, said NH Investment and Securities on Feb. 14 maintaining a “buy” recommendation and 370,000 won (US$328.89) target price. It...
Netmarble ’s earnings have been slow while its valuation is high, said KTB Investment and Securities on Feb. 14 downgrading the recommendation to a “reduce” from a “hold” and lowering the target pri...
Doosan Heavy to delist Doosan E&C by March 2020
WeWork Labs announces achievements in South Korea in 2019
Deadline extended for Asiana Airlines stake transfer
Vuno eyes IPO as AI-powered diagnostic software ups presence
Techstars Korea to accept applications for 1st batch through March 2020
Celltrion presents Truxima’s results of phase 3 clinical trials in US forum
LG Chem, GM deal ups ante in EV battery competition
Power market open to private firms, price hike needed for green energy expansion
December 15, 2019
