With the impeachment trial of President Yoon Suk-yeol just two days away, stocks related to Lee Jae-myung, a prominent opposition presidential candidate from the Democratic Party, are skyrocketing during trading on the 2nd.
As of 2:40 p.m. that day, companies related to Lee Jae-myung, including Hyungji Global, Hyungji I&C, ENEX, Sangji Construction, and SOFTCAMP, all recorded their upper limit (the highest price limit for the day).
Stocks of Hyungji Group are cited as related theme stocks due to the free school uniform policy promoted during Lee's tenure as mayor of Seongnam. SOFTCAMP is known for its connection, as CEO Bae Hwan-guk is an alumnus of the same university as Lee. Sangji Construction has outside director Lim Moo-young, who previously joined Lee's camp. ENEX, which operates in the furniture and interior business, is classified as a beneficiary of Lee's policies.
At the same time, stocks bundled as Lee's theme stocks, including Orient Precision Industries (27.01%), VIVIEN (26.42%), Orient Bio (21.17%), Dongsin Construction (19.97%), e-STARCO (14.84%), and ATEC (13.31%), are also performing strongly.
The Constitutional Court is scheduled to announce its decision regarding the impeachment of President Yoon Suk-yeol at 11 a.m. on the 4th. If six or more judges support the impeachment, President Yoon will be immediately removed from office and an early election will be held. If fewer than six judges support the impeachment, Yoon will return to duty.
The day before, influenced by the Constitutional Court's announcement of the impeachment trial ruling date, most of Lee's theme stocks, including Dongsin Construction, VIVIEN, Orient Precision Industries, e-STARCO, and Hyungji Global, closed at their upper limit. Due to the nature of political theme stocks, it is necessary to exercise caution when investing, as stock prices can fluctuate significantly.