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Samsung Electronics Forecasts 11% Revenue Increase in First-Quarter

Korea's Samsung Electronics expects tenfold jump in Q1 profit as chip demand rebounds

Korean tech giant Samsung Electronics said Friday its operating profit for the first quarter is estimated to have shot up more than tenfold on rebounding demand for memory chips, beating market expectations.

KTB Network to list at bottom of its price range

KTB Network Co., South Korea s first-generation venture capital firm, priced its public offering price at the bottom of the guidance range as the resurgence i

Researcher Predicts NCT 2021 & NCT 127 to Sell 2 Million Album Copies, Says the Group's Fame Will Also Raise SM Stock Price

As Korea Resumes Short-Selling, Stocks That Rose Most Take Hit

As Korea Resumes Short-Selling, Stocks That Rose Most Take Hit May 03 2021, 2:46 PM May 03 2021, 11:27 AM May 03 2021, 2:46 PM (Bloomberg) Investors rushed to sell shares of some Korean biopharmaceutical companies which surged last year as the nation lifted the world’s longest pandemic-imposed short-selling ban on Monday. (Bloomberg) Investors rushed to sell shares of some Korean biopharmaceutical companies which surged last year as the nation lifted the world’s longest pandemic-imposed short-selling ban on Monday. The health-care sector slumped 4.9%, the biggest loser among Kospi 200’s sub-gauges. The group rallied 67% in 2020, the best performer of all. Drug developer Celltrion Inc. tanked 6.2%. HLB Inc. finished 4.2% lower as investors preemptively sold their holdings in the health-care company, according to Eugene Investment & Securities Co. analyst Han Byung-Hwa.