Hanwha Group employee stock
Scope
Date
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Foreign exchange
Won hits 15-month low as global inflation woes spur equity outflow
The South Korean won weakened past the psychologically important 1,200 per dollar mark for the first time in 15 months as growing worries about glob...
Oct 12, 2021 (Gmt+09:00)
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Corporate governance
SK Group to reform governance structure with stronger board of directors
SK Group will undergo a major governance reform with significant empowerment of the board of directors in making key management decisions. The group...
Oct 12, 2021 (Gmt+09:00)
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Chemical Industry
Hanwha to raise $503 mn to expand China PVC production
South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...
Oct 08, 2021 (Gmt+09:00)
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Airlines
Korean LCCs rush to stock market for fund on travel recovery hopes
Cash-strapped South Korean budget airlines are rushing to raise money in the local stock market on growing hopes for a travel recovery as government...
Oct 08, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Mobis breaks ground on $1.1 bn hydrogen fuel cell plants
Hyundai Mobis Co., the auto parts unit of Hyundai Motor Group, on Thursday broke ground on a hydrogen fuel cell plant, part of its 1.32 trillion won...
Oct 07, 2021 (Gmt+09:00)
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Automobiles
Halla Group to combine two self-driving business arms
South Korea's Halla Group, the parent company of automotive parts maker Mando Corp., will combine its two autonomous driving business units into a s...
Oct 06, 2021 (Gmt+09:00)
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Batteries
SKC to form JV with British Nexeon for silicon anode business
South Korea’s SKC Co. plans to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode materials market....
Sep 29, 2021 (Gmt+09:00)
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Foreign exchange
Korea stocks, won tumble as foreigners dump $1 bn in equity futures
South Korean stocks and the won currency lost ground with the main Kospi ending below the 3,100 mark for the first time in five weeks as foreign inv...
Sep 28, 2021 (Gmt+09:00)
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Chemical Industry
Hanwha moves forward in challenging Hu-Chems in nitric acid market
Hanwha Corp. is pushing forward with its plan to challenge Hu-Chems Co. in the industrial nitric acid sector as its attempt to acquire the chemical ...
Sep 27, 2021 (Gmt+09:00)
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Batteries
S.Korean battery materials makers see stock prices surge
Shares of South Korean eco-friendly battery materials manufacturers have been soaring in September, with high expectations on big revenue jumps th...
Sep 26, 2021 (Gmt+09:00)
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IPOs
Kakao Pay pushes back IPO to November despite tight schedule
Kakao Group’s payment services unit Kakao Pay Corp. has pushed back its IPO to November due to growing concerns regarding the impact of regula...
Sep 24, 2021 (Gmt+09:00)
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Korean games
Cookie Run developer enjoys 1126% year-to-date growth in stock price
Devsisters Corporation, the developer of the globally popular mobile game Cookie Run, has become a “ten bagger” stock with its price ris...
Sep 23, 2021 (Gmt+09:00)
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Alternative investments
KB Fin, Shinhan invest in Sweden's wind farm via joint fund
South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...
Sep 17, 2021 (Gmt+09:00)
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Food & Beverage
Dongwon aims to rise from canned tuna maker to F&B giant
For many South Koreans, particularly among the older generation, Dongwon is the name of the company that makes canned tunas, for which the food make...
Sep 16, 2021 (Gmt+09:00)
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IPOs
Regulatory moves delay Kakao Group’s IPO plans
Toughening regulations on big tech firms in South Korea are impacting the IPO timeline of Kakao Pay Corp. and Kakao Mobility Corp. According to the ...
Sep 14, 2021 (Gmt+09:00)
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Retail
Millennials now S.Korea’s largest buyer of luxury goods
The millennials have become the largest spenders on luxury goods at department stores in South Korea. According to joint research by The Korea Econo...
Sep 14, 2021 (Gmt+09:00)
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Leadership & Management
Hyosung Group Chairman Cho seeks growth opportunities in US market
South Korea’s Hyosung Group is looking to the US market for growth as the textile and chemicals conglomerate is expanding facilities in Americ...
Sep 13, 2021 (Gmt+09:00)
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Petrochemicals
Coal price surge puts S.Korean petrochemical firms ahead of Chinese rivals
Rising coal prices in China will likely benefit South Korean petrochemical companies such as Lotte Fine Chemical and Hanwha Solutions, by strengthen...
Sep 13, 2021 (Gmt+09:00)
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Automobiles
Hydrogen yet to boost Hyundai, Kia stocks
Hyundai Motor Co. and Kia Corp., South Korea’s top two automakers, remained sluggish in the local stock market despite their hydrogen industry...
Sep 13, 2021 (Gmt+09:00)
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Hydrogen economy
Hydrogen: Next big thing for stock investors in Korea
In 2009, battery makers were barely on the radar in South Korea when it comes to stock investment. Back then, the rechargeable battery industry was ...
Sep 13, 2021 (Gmt+09:00)
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Petrochemicals
DL Chem to spend $2 bn on petrochemical expansion
DL Chemical Co., the petrochemical arm of South Korea's DL Group, will spend 2 trillion won ($1.7 billion) over the next five years to sharply boost...
Sep 12, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha seeks more M&A targets: Group’s heir apparent
Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of acquisitions in recent ye...
Sep 10, 2021 (Gmt+09:00)
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Steel
Steel stocks rally on iron ore price falls, Q3 outlook
Shares in South Korean steelmakers rose sharply in active trade on Tuesday, on the prospect that the declining iron ore price and Chinese rivals' ou...
Sep 07, 2021 (Gmt+09:00)
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Travel & Leisure
Philippines LCS Group to invest more in Korea tourism
The Philippines LCS Group of Companies plans to expand investment in South Korea’s tourism as the Northeast Asian country is expected to attra...
Sep 07, 2021 (Gmt+09:00)
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Energy
KOGAS, Hanwha-led group to build Vietnam LNG power plant
Korea Gas Corp. (KOGAS) and Hanwha Energy Corp.-led group was set to build a $4.8 billion liquefied natural gas (LNG) power plant in Vietnam that is...
Sep 06, 2021 (Gmt+09:00)
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Aerospace & Defense
Software giant Hancom joins space race with satellite launch
South Korean software and ICT conglomerate Hancom Group will be the first private company in the country to launch a micro-satellite, or a satellite...
Sep 02, 2021 (Gmt+09:00)
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Hydrogen economy
SK E&S eyes $30 billion corporate value as top hydrogen company
SK E&S Co., the natural gas business unit of SK Group, aims to turn into an eco-friendly company with an enterprise value of 35 trillion won ($3...
Sep 01, 2021 (Gmt+09:00)
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Alternative investments
Philippines LCS Group to join $1.7 bn Korean resort project
The Philippines LCS Group of Companies agreed to join a $1.7 billion resort development in South Korea, marking the first firm from the Southeast As...
Aug 31, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Behind the scenes of GS-led group's $1.5 bn Hugel purchase
South Korea's energy-to-construction conglomerate GS Group was not considered a serious bidder when it entered the race for a 46.9% stake in the cou...
Aug 31, 2021 (Gmt+09:00)
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Korean games
Netmarble sells shares of Kakao units to raise $700 mn in August
South Korea’s Netmarble Corp. has earned 816.9 billion won ($703 million) so far in August alone by selling shares of KakaoBank Corp. and Kaka...
Aug 29, 2021 (Gmt+09:00)