Shares of Harim Holdings and its shipping subsidiary Pan Ocean, moved in the opposite direction, Wednesday, after investors showed different expectations for the poultry processor acquired an over 57 percent stake in HMM, the country’s largest shipping firm, for 6.4 trillion won ($4.9 billion).
The stock price of Hanwha Corp., the de facto holding firm of Hanwha Group, plunged 7.85 percent to 27,000 won ($20), Monday, after its second-quarter earnings fell short of market expectations.