NVIDIA Earnings Exceeds Market Expectations, Impact on Semiconductor Stocks Minimal – KOSPI Closes at 2664.27

NVIDIA Earnings Exceeds Market Expectations, Impact on Semiconductor Stocks Minimal – KOSPI Closes at 2664.27

American semiconductor company NVIDIA announced earnings that exceeded market expectations. SK Hynix showed strong performance by breaking a new record price, but Samsung Electronics had mixed emotions, finishing at a weak level. Initially, there were many voices in the market that NVIDIA’s performance would have a significant impact on the domestic stock market. However, it … Read more

LG Electronics to Invest 494.1 Billion Won in LG Display, Na Shinpyeong Warns of Impact on Credit Rating

LG Electronics to Invest 494.1 Billion Won in LG Display, Na Shinpyeong Warns of Impact on Credit Rating

LG Electronics plans to invest 494.1 billion won in LG DisplayNa Shinpyeong “LG Electronics, cash flow is decreasing and borrowings are increasing”LG Electronics and LGD credit rating has limited impact Nice Credit Rating (Na Credit Rating) diagnosed that the financial support burden of LG Electronics (AA/Stable) participating in LG Display’s paid-in capital increase is increasing. … Read more

Meritz requested payment guarantee from SK Group, saying “We will invest in 11th Street”

Meritz requested payment guarantee from SK Group, saying “We will invest in 11th Street”

SK Square informed Qoo10 in the middle of this month that it would not proceed with negotiations for the sale of 11th Street. Attention was drawn to the background of SK Square, which was urgent to return the funds of 11th Street Financial Investor (FI), which first notified the breakdown of negotiations. As expected, the … Read more

The Impact of Banning Short Selling and the Market Maker System on the Stock Market

The Impact of Banning Short Selling and the Market Maker System on the Stock Market

“If we completely ban short selling and also touch the market maker system, we will never be able to even reach the threshold of an ‘advanced country stock market’ again.” (Executive in charge of IB at a securities company) History repeats itself. Rumors are circulating in the securities market that market makers will be the … Read more

LG Energy Solution Signs Largest Battery Supply Contract with Toyota, Investing $3 Billion in Michigan Plant

LG Energy Solution Signs Largest Battery Supply Contract with Toyota, Investing $3 Billion in Michigan Plant

Long-term supply contract of 20GWh per year… The largest single contractInvested KRW 4 trillion in Michigan plant to build a dedicated line LG Energy Solution supplies electric vehicle batteries to Toyota of Japan. LG Energy Solution announced on the 5th that it signed a large-scale long-term supply contract with Toyota Motor Company of Japan for … Read more

SK hynix and Invest Chosun in the U.S.-China dilemma in front of the semiconductor support law

“It would be better if SK Hynix did not receive subsidies” (Equity manager of a management company) The US’ semiconductor support and science law, the so-called ‘Chips Act’ subsidy payment standards, clearly reveal the stance of keeping China in check, and attention is focused on SK Hynix’s decision, which has a relatively high proportion of … Read more

Court citing provisional injunction to ban new stock issuance of SM Entertainment… Kakao-Invest Chosun weakening power to fight equity

Hive, favorable notice for SM Entertainment acquisition Kakao, plans setbacks, will the stake fight continue? The court upheld Lee Soo-man’s request for provisional injunction filed by former executive producer Lee Soo-man of SM Entertainment (hereinafter referred to as SM) to block the capital increase and issuance of convertible bonds against SM. As Kakao’s acquisition of … Read more

SM and Lee Soo-man’s first legal battle over issuance of new shares and convertible bonds… “Illegal Issuance” vs “Management Judgment”-Invest Chosun

In the first legal battle held over the legality of SM Entertainment’s issuance of new shares and convertible bonds, Lee Soo-man, former general manager of SM Entertainment, emphasized ‘illegality’ and SM Entertainment emphasized ‘required measures for management’. As the future response of Hive and Kakao may vary depending on the results of the application for … Read more

Suspension of conversion to holding company of Hyundai Department Store… Disapproval of the spin-off agenda at the extraordinary general meeting of shareholders – Invest Chosun

On the 10th, the holding company conversion plan was rejected at the shareholders’ meeting64.9% consent rate, 1.7% less than the special resolution requirementsHyundai Department Store “Humbly accepting… No plan to re-promote”Hyundai Green Food is pushing for a separate holding company transition Hyundai Department Store will discontinue its governance reorganization plan, which involves splitting the investment … Read more