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EV Market Slowdown Halts Construction of EcoPro BM and SK On's Canada Cathode Plant
Reporter Kim Jisun 2024.08.19
[Alpha Biz= Reporter Kim Jisun] EcoPro BM and SK On have halted the construction of a cathode material plant in Canada, which was ...

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Kakao Exits Hair Salon and Golf Equipment Businesses, Reduces Subsidiaries to 123
Reporter Kim Jisun 2024.08.19
[Alpha Biz= Reporter Kim Jisun] Kakao is continuing to streamline its business by divesting subsidiaries unrelated to its core ope ...

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Following incidents involving Mercedes-Benz, a Tesla electric vehicle also caught fire, though it was not charging at the time.
Reporter Kim Jisun 2024.08.19
[Alpha Biz= Reporter Kim Jisun] Amid growing concerns about electric vehicle fires, a parked Tesla caught fire in Yongin, Gyeonggi ...

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Sangsangin Securities has raised its target price for HiteJinro by 8%, citing continued improvements in cost ratios.
Kim Minyoung 2024.08.16
[Alpha Biz= Reporter Kim Minyoung] On the 16th, Sangsangin Securities raised its target price for HiteJinro (000080) by 8%, reflec ...

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SK Securities anticipates that CJ and Olive Young's record quarterly net profits will be reflected in their stock prices.
Kim Minyoung 2024.08.16
[Alpha Biz= Reporter Kim Minyoung] On the 16th, SK Securities maintained a "Buy" rating and a target price of 140,000 won for CJ ( ...

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The Korea Fair Trade Commission (FTC) has issued a warning to ShinYoung Group for failing to submit required materials related to companies owned by its relatives and executives.
Kim Minyoung 2024.08.16
[Alpha Biz= Reporter Kim Minyoung] The Korea Fair Trade Commission (KFTC) issued a warning to ShinYoung Group Chairman Chung Choon ...

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Celltrion's Merger with Celltrion Pharm Falls Through Due to 70% Shareholder Opposition
Kim Minyoung 2024.08.16
[Alpha Biz= Reporter Kim Minyoung] On the 16th, Celltrion Group announced that it would not proceed with the merger between Celltr ...

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Ottogi to Raise Prices of 24 Products, Including Curry and Ketchup, by Up to 15%
Kim Minyoung 2024.08.16
[Alpha Biz= Reporter Kim Minyoung] Ottogi announced on the 16th that it will raise the prices of 24 products, including home meal ...

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Tesla Model 3 and Model Y equipped with LG Energy Solution, Panasonic, and CATL batteries
Kim Minyoung 2024.08.16
[Alpha Biz= Reporter Kim Minyoung] Tesla Korea, the South Korean subsidiary of the American electric vehicle brand Tesla, disclose ...

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LS Electric Surges Following Inclusion in MSCI Index
Kim Minyoung 2024.08.16
[Alpha Biz= Reporter Kim Minyoung] LS Electric experienced a significant surge following its inclusion in the MSCI Korea Index. On ...

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SK Bioscience Sells 1.6% Stake in Novavax for 20 Billion Won
Reporter Kim SangJin 2024.08.16
[Alpha Biz= Reporter Kim Sangjin] SK Bioscience has sold a 1.6% stake in the American pharmaceutical company Novavax for 20 billio ...

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Financial Authorities Expand Investigation into ETF Favoritism Allegations to Include Brokerage Firms
Reporter Kim SangJin 2024.08.16
[Alpha Biz= Reporter Kim Sangjin] On August 15, the Financial Supervisory Service (FSS) has extended its investigation into allege ...

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Dongwon Industries Settles $3 Billion Price-Fixing Lawsuit with U.S. Subsidiary StarKist
Reporter Kim SangJin 2024.08.16
[Alpha Biz= Reporter Kim Sangjin] Dongwon Industries announced on the 14th that it has resolved its legal dispute related to price ...

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GS Construction Pursues Sale of GS Elevator
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] GS E&C is moving forward with plans to sell its subsidiary, GS Elevator. According to industry ...

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Number of Individual Investors in Samsung Electronics Drops by Over 420,000 in Six Months
Reporter Kim SangJin 2024.08.16
[Alpha Biz= Reporter Kim Sangjin] As of June 2023, Samsung Electronics reported a decrease in individual investors by 424,428, bri ...

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Hanwha Ocean Establishes Investment Company in Singapore
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] Hanwha Ocean has established an investment subsidiary, Hanwha Ocean SG Holdings, in Singapore as p ...

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The Financial Supervisory Commission (FSC) has clarified that Kakao Pay did not have any credit information outsourcing agreements with Alipay.
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] On August 14, the Financial Supervisory Commission (FSC) refuted Kakao Pay's claim that transferri ...

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84% of Counterfeits Identified in First Half of Year are Chinese-Made, with 'Chanel' Fakes Most Prevalent
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] More Than 80% of Intellectual Property Violation Imports in H1 This Year Originated from ChinaIn t ...

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Consumer Agency Orders Nexon to Compensate MapleStory Players for Probability Manipulation: Up to KRW 21.7 Billion in Compensation
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] The Korea Consumer Dispute Mediation Committee (CDMC) under the Korea Consumer Agency announced on ...

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The Financial Supervisory Service (FSS) is reviewing whether to appeal the ruling on Samsung Biologics' accounting fraud case.
Reporter Kim Jisun 2024.08.16
[Alpha Biz= Reporter Kim Jisun] The Financial Supervisory Service (FSS) is considering whether to appeal the recent ruling on Sams ...

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