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KB Financial Group: No Additional Share Buybacks or Cancellations Planned for This Year
Reporter Kim Jisun 2024.07.24
[Alpha Biz= Reporter Kim Jisun] KB Financial Group’s Chief Financial Officer (CFO) Kim Jae-kwan announced on the 23rd that the com ...

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Kim Bum-soo's Arrest Causes Kakao Group Stocks to Plummet, Wiping Out 1.7 Trillion KRW in Market Value
Reporter Kim Jisun 2024.07.24
[Alpha Biz= Reporter Kim Jisun] On the 23rd, Kakao Group stocks fell sharply after the arrest of Kim Bum-soo, the group's founder ...

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Former Taekwang Affiliate CEO Faces Trial for $150 Million Fraudulent Loan
Reporter Kim Jisun 2024.07.24
[Alpha Biz= Reporter Kim Jisun] Former executives of Yeagaram and Koryo Savings Bank, affiliates of Taekwang Group, have been indi ...

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F&F Holdings Increases Stake in Subsidiary F&F to 33.43%
Reporter Kim Jisun 2024.07.24
[Alpha Biz= Reporter Kim Jisun] On the 23rd, according to the Financial Supervisory Service, F&F Holdings purchased 28,000 com ...

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Samsung Electronics Union and Management Resume Wage Negotiations but Fail to Reach Agreement
Reporter Kim Jisun 2024.07.24
[Alpha Biz= Reporter Kim Jisun] On the 16th day of the strike, Samsung Electronics' labor union and management resumed wage negoti ...

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Korea Investment & Securities Maintains 'Neutral' Rating on Com2uS, Citing Continued Challenges in Performance Improvement
Kim Minyoung 2024.07.23
[Alpha Biz= Reporter Kim Minyoung] On the 23rd, Korea Investment & Securities maintained a 'Neutral' rating on Com2uS, citing ...

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IBK Investment & Securities Evaluates HiteJinro's Long-Term Growth Potential through Soju Exports
Kim Minyoung 2024.07.23
[Alpha Biz= Reporter Kim Minyoung] IBK Investment & Securities has evaluated that HiteJinro holds long-term growth potential d ...

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Doosan Enerbility has signed a supply contract worth 581.8 billion KRW with Korea Midland Power (KOMIPO).
Reporter Kim Jisun 2024.07.23
[Alpha Biz= Reporter Kim Jisun] Doosan Enerbility announced on the 22nd that it has signed a conditional purchase contract worth 5 ...

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KB Securities has raised its target price for Hyundai Rotem from 47,500 KRW to 55,000 KRW.
Reporter Kim Jisun 2024.07.23
[Alpha Biz= Reporter Kim Jisun] On the 22nd, KB Securities raised its target price for Hyundai Rotem from 47,500 KRW to 55,000 KRW ...

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Former CEO Jang Hyun-guk of Wemade Sells Entire Stake
Kim Minyoung 2024.07.23
[Alpha Biz= Reporter Kim Minyoung] Jang Hyun-guk, who served as the CEO of Wemade until earlier this year, has sold off his entire ...

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Lotte Rental has entered the long-term car rental market for individual customers in Vietnam.
Reporter Kim Jisun 2024.07.23
[Alpha Biz= Reporter Kim Jisun] Lotte Rental announced on the 22nd that it will enter the long-term car rental market for individu ...

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Hanwha Ocean has secured eligibility to participate in the U.S. Navy's Maintenance, Repair, and Operation (MRO) business.
Reporter Kim Jisun 2024.07.23
[Alpha Biz= Reporter Kim Jisun] Hanwha Ocean announced on the 22nd that it has signed a ship maintenance agreement with the U.S. N ...

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Korea Fair Trade Commission Investigates Kakao Mobility Subsidiary KM Solutions for Alleged Unfair Commission Charges
Reporter Kim SangJin 2024.07.23
[Alpha Biz= Reporter Kim Sangjin] The Korea Fair Trade Commission (KFTC) has initiated an investigation into KM Solutions, a subsi ...

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Naver has officially commenced its digital twin project in Saudi Arabia
Reporter Kim SangJin 2024.07.23
[Alpha Biz= Reporter Kim Sangjin] Naver's team is officially kicking off its digital twin project in Saudi Arabia. On the 21st (lo ...

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Samsung Electro-Mechanics will supply substrates for hyperscale data centers to AMD.
Reporter Kim SangJin 2024.07.23
[Alpha Biz= Reporter Kim Sangjin] Samsung Electro-Mechanics has announced on the 22nd that it has successfully implemented advance ...

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Recently, the number of international passengers flying with low-cost carriers (LCCs) has surpassed those flying with major and foreign airlines.
Reporter Kim Jisun 2024.07.23
[Alpha Biz= Reporter Kim Jisun] In the first half of this year, the number of international passengers using South Korean low-cost ...

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Hyundai Motor's Ulsan Plant Faces Partial Production Disruption Due to Fire at Parts Supplier
Kim Minyoung 2024.07.23
[Alpha Biz= Reporter Kim Minyoung] Hyundai Motor's Ulsan plant is reportedly experiencing partial production disruptions on the 23 ...

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Korea Investment & Securities has lowered its target price for YG Entertainment from 57,000 won to 48,000 won.
Reporter Kim SangJin 2024.07.23
[Alpha Biz= Reporter Kim Sangjin] Korea Investment & Securities has lowered its target price for YG Entertainment (122870) fro ...

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Hyundai Motor Securities expects OCI Holdings' second-quarter performance to be weak and has reduced its target price from 140,000 won to 95,000 won, a 32% decrease.
Reporter Kim SangJin 2024.07.23
[Alpha Biz= Reporter Kim Sangjin] On the 22nd, Hyundai Motor Securities forecasted a weak second-quarter performance for OCI Holdi ...

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NH Investment & Securities has maintained its "Buy" rating for LG Electronics and set the target price at 150,000 won.
Reporter Kim Jisun 2024.07.23
[Alpha Biz= Reporter Kim Jisun] On the 22nd, NH Investment & Securities reiterated its "Buy" rating for LG Electronics and mai ...