[Featured Stock] Webzen Rises on Anticipation of Jeonmin Miracle 2 China Launch Imminence

[Asia Economy Reporter Yoo Hyun-seok] Webzen is showing strength. It appears that the upcoming release of the mobile game 'Jeonmin Gijeok 2,' which utilizes the intellectual property of the game MU, has had an impact.

As of 10:12 AM on the 22nd, Webzen was trading at 44,200 KRW, up 13.92% (5,400 KRW) compared to the previous trading day.

Shinhan Financial Investment explained via their Telegram channel, "There are gradually accumulating circumstantial evidences that the release of Webzen's Jeonmin Gijeok 2 is imminent," adding, "Chinese articles also mention a first-quarter release, though the date changes frequently, but the iOS registration date is marked as April 1."