[Featured Stock] Hankook Advanced Materials Hits Upper Limit with 'Successful Rights Offering + Quantum Computing Beneficiary'
Korea Advanced Materials hits the upper price limit.
As of 9:35 AM on the 27th, Korea Advanced Materials was trading at 4,270 KRW on the KOSDAQ market, up 985 KRW (29.98%) from the previous trading day.
Korea Advanced Materials is classified as a beneficiary stock of quantum computing. In the U.S. stock market the previous day, Rigetti rose 36%, and Quantum increased 24%, closing strong. The QTUM exchange-traded fund (ETF), which includes companies related to quantum computing, has surged 57.85% this year.
Hot Picks Today
"Should Get at Least 45 Million Won Salary" "Can't Give Up on Large Companies"... Young People Say There Are No Places to Apply
- Unemployment Benefits to Drop from 1.98 Million to 1.76 Million Won per Month...Employment Insurance Premium Rate to Rise from 1.8% to 2%
- Packed Crowds with “It’s So Cheap!”... Japan Travel by UK Millennials & Gen Z Surges 25% in a Year
- "Only One Restroom Break per Semester During Class"…Controversy Over Chinese High School Regulations
- When "Cutting Down Reserved Tents" Brings Relief: Local Governments Take Action Against Escalating 'Reserved Tent' Problem
Korea Advanced Materials announced that before the revision on the same day, it succeeded in the general public offering for forfeited shares conducted from the 23rd to the 24th, recording an overall subscription competition rate of 792.1 to 1. The total subscription deposit reached 1.5979 trillion KRW.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
