Shares of Hanwha Investment & Securities and its preferred stock Hanwha Investment & Securities-1 are surging early on the 29th. As Hanwha Investment & Securities holds equity in Dunamu, which recently made news for its merger with Naver, investor sentiment appears to be piling in.
As of 9:08 a.m. that day, Hanwha Investment & Securities shares were trading at 5,980 won on the Korea Exchange, up 13.04% (690 won) from the previous session.
The preferred stock Hanwha Investment & Securities-1 jumped straight to its upper price limit (the top of the daily price band) at the same time, rising 29.89% (2,080 won) to 9,040 won from the previous session.
This is seen as being influenced by Naver's recent decision to bring Dunamu, which operates Upbit, the No. 1 domestic virtual asset exchange, into its affiliates. Hanwha Investment & Securities holds 5.9% equity in Dunamu.