HD Hyundai Marine Solution soars on first day of public trading
HD Hyundai Marine Solution, a ship maintenance unit affiliated with Korean shipbuilding giant HD Hyundai, made its stock debut Wednesday, with the stock price soaring on the first trading day. Listed on the nation’s main bourse Kospi, its stock opened at 119,900 won ($88), a 48.8 percent surge from the initial public offering price of 84,300 won. As of 3 p.m., it was trading at 147,000 won. During its book-building period earlier in April, the company managed to amass about 25 trillion won
May 8, 2024