OnMay 16, the shares of Korea Gas Corp. closed at 51,700 won, up 6.27 percent or3,050 won from the previous day, hitting a one-year high. Korea Gas Corp.imports more than 30 million tons of LNG from overseas and supplies it to thesubsidiaries of Korea Electric Power Corp. and private power generators.
Amongsolar power-related stocks, the shares of S-Energy, a specialist in the productionof solar power modules, surged 15.68 percent. The shares of Woongjin Energy,Shinsung ENG, and OCI also rose sharply 5.83 percent, 4.96 percent, and 4.45percent, respectively. Wind power stocks such as Unison and Dongkuk S&Calso jumped 16.32 percent and 4.67 percent each.
Incontrast, the shares of Korea Electric Power Corp. fell 2.89 percent to 41,950won amid concerns that the shutdown of old thermal power plants would lead toan increase in its electric power production cost.
Private debt recently became one of the most favored asset classes for South Korean asset owners, alongside co-investments in overseas alternatives. In the ASK 2017 Private Debt & Equity Summit on May 17, major South Korean pension funds and mutual&hellip
When Korea Post issued a request for proposals on May 17 for global private debt investment of up to $300 million, the state agency added a new requirement: coming up with a co-investment proposal. “General managers must provide us with&hellip
NH Investment & Securities Co. Ltd. will underwrite $100 million worth of subordinated debts backed by State Street Bank’s headquarters building in Boston, known as State Street Financial Center. After completing the underwriting this month, the South Korean brokerage house&hellip