HanmiGlobal, a KOSPI-listed company, rose sharply early on the 24th. Buying appears to be gathering on analysis from the securities industry that earnings will improve this year as the company joins new nuclear power projects through entry into the global nuclear market.
As of 10:12 a.m. that day, HanmiGlobal was trading at 21,250 won, up 900 won (4.42%) from the previous session.
Song Yu-rim, an analyst at Hanwha Investment & Securities, said in a report that day, "HanmiGlobal signed a strategic alliance agreement for overseas nuclear power projects with KEPCO E&C and the U.K.'s T&T on the 12th of last month," and noted, "This move is aimed at entry into the global nuclear market, and based on it, participation in new nuclear projects is also expected to become visible within the year."
Song added, "Following last year's project to improve the performance of aging nuclear plants in Romania, the company is expected to make its first entry into new builds, and depending on the landscape, it could also establish itself as a global player."