With Oh Se-hoon, the People Power Party's Seoul mayoral candidate, elected in the 9th nationwide local elections on the 4th, stocks related to expectations for the redevelopment of the Seoul Express Bus Terminal are rising in early trading on the 5th.

Oh Se-hoon, the People Power Party's Seoul mayoral candidate elected in the 6-3 local elections, receives a bouquet and cheers at his campaign office in Jongno-gu, Seoul, on the 4th. /Courtesy of News1

As of 9:54 a.m., Chunil Express shares are trading at 238,000 won, up 8.68% (19,000 won) from the previous session.

Dongyang Express shares are also trading at 461,000 won, up 10.98% (4,650 won) from the previous day.

With Oh effectively elected as Seoul mayor, expectations for the redevelopment of the Seoul Express Bus Terminal appear to be rising again.

Both Chunil Express and Dongyang Express hold equity in the Seoul Express Bus Terminal and are drawing attention as redevelopment beneficiaries. Chunil Express, as the No. 2 shareholder, holds 16.67%, and Dongyang Express holds 0.17%.

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