Lee Jae-myung of the Democratic Party of Korea is being cited as the thematic stock candidate, with the shares of 4BY4 and Sangji Construction showing strong performance.

On Apr. 28, 2022, at the Korea Exchange in Seoul, the 4BY4 listing ceremony on the KOSDAQ market takes place with Kang Wang-rak, Vice President of the KOSDAQ Association (from left), Hong Soon-wook, Head of KOSDAQ Market at the Korea Exchange, Yoon Jun-ho, CEO of 4BY4, Kang Seong-beom, Vice President of Mirae Asset Securities, and Yoo Do-seok, Executive Director of the Korea Investor Relations Association, posing for a commemorative photo. /Courtesy of Korea Exchange

According to the Korea Exchange on the 18th, 4BY4, a content artificial intelligence (AI) solution corporation, is trading at 22,250 won, which is an increase of 5,120 won (29.89%) compared to the previous trading day as of 9:37 a.m. 4BY4 has maintained its upper limit price since the 14th.

It is interpreted that the positive expectations for related stocks have been reflected as candidate Lee Jae-myung visited the fabless AI corporation, Furiosa AI, on the 14th, marking his first schedule since announcing his presidential bid. 4BY4 is known to be a partner of Furiosa AI.

At the same time, Sangji Construction is also trading at 56,000 won, an increase of 12,600 won (29.03%) compared to the previous trading day. Sangji Construction has been grouped as a thematic stock since it was reported that a former outside director joined Lee's presidential campaign, and its share price has surged approximately tenfold in two weeks.

An industry official noted, "Political thematic stocks tend to rise and fall sharply without clear reasons, so caution is required when investing."

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