[Market Focus] HanmiGlobal Soars 30% on Hopes of Nuclear Power Policy Benefits
HanmiGlobal surged by nearly 30% in early trading on June 19. Investor sentiment appears to have improved as the company is increasingly seen as a beneficiary of pro-nuclear energy policies.
As of 9:29 a.m. on this day, HanmiGlobal's share price had jumped 29.89% from the previous trading day to 22,600 won, marking a new 52-week high. The stock began trading at 21,300 won and has continued to climb.
On the previous day, HanmiGlobal signed a 'Memorandum of Understanding (MOU) for Cooperation in Nuclear Power Projects' with Korea Electric Power Corporation Engineering & Construction Company. Through this agreement, the two companies plan to collaborate on advancing business management foundations for nuclear power plant design and related fields by establishing a data-driven decision-making system using advanced technologies such as digital twin, artificial intelligence (AI), and building information modeling (BIM). They also intend to cooperate in discovering new business opportunities in the post-nuclear management sector, such as high-level radioactive waste disposal facilities, and in expanding owner's engineering and other new business opportunities in the global market.
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Recently, shares of domestic companies related to nuclear power have been strong, driven by expectations of a surge in nuclear power demand due to the proactive nuclear energy policies of the Donald Trump administration in the United States and the global energy supply shortage.
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