[Asia Economy Reporter Yoo Hyun-seok] Digital Chosun is showing strong performance. Following the party convention, the People Power Party has continued its rising approval ratings, widening the gap with the Democratic Party to nearly 10 percentage points, which appears to have influenced the stock price. Since news broke that Lee Dong-hoon, former editorial writer of Chosun Ilbo, will serve as spokesperson for former Prosecutor General Yoon Seok-yeol, Digital Chosun has been classified as a political theme stock.
As of 9:34 AM on the 14th, Digital Chosun was trading at 5,090 KRW, up 25.83% (1,045 KRW) compared to the previous trading day.
According to political circles, former Prosecutor General Yoon has appointed Lee Dong-hoon, former editorial writer of Chosun Ilbo, and Lee Sang-rok, former public relations officer of the Anti-Corruption and Civil Rights Commission, as spokespersons. Lee, the former editorial writer, has long worked as a reporter in the political departments of Hankook Ilbo and Chosun Ilbo, mainly covering predecessor parties of the current People Power Party such as the Grand National Party and Saenuri Party. With Yoon’s spokesperson officially starting activities on the 15th, his presidential bid is expected to gain momentum.
According to Realmeter, a survey commissioned by YTN conducted from the 7th to the 11th among 2,512 voters nationwide aged 18 and over showed party support at 39.1% for the People Power Party and 29.2% for the Democratic Party.
Compared to the previous week, the People Power Party rose by 1.1 percentage points, approaching the highest level recorded in the first week of April (39.4%) under the same survey criteria, while the Democratic Party fell by 0.5 percentage points. The gap between the two parties stands at 9.9 percentage points.
A Realmeter official analyzed, “The People Power Party’s so-called ‘Lee Jun-seok whirlwind’ combined with former Prosecutor General Yoon Seok-yeol’s public appearances appears to have maximized the effect of the party convention.”
The survey’s margin of error is ±2.0 percentage points at a 95% confidence level. Detailed survey results can be found on the Realmeter website.
Meanwhile, former Prosecutor General Yoon’s approval rating also maintained an upward trend. In the suitability survey for the next presidential candidate, he led with 39.1%, maintaining a lead outside the margin of error. The gap with second place, Gyeonggi Province Governor Lee Jae-myung, widened compared to the same survey last week.
A survey conducted by PNR Research on behalf of Money Today and the Future Korea Research Institute among 1,009 voters nationwide on the 12th and announced on the 13th showed Yoon’s approval rating at 39.1%. Governor Lee followed with 26.2%, and former Democratic Party leader Lee Nak-yeon came next with 12.3%. The gap between first and second place was 12.9 percentage points, larger than last week’s 10.0 percentage points.
The survey was conducted using a ‘100% automated response telephone survey on mobile phones’ method. The response rate was 3.3%, and the margin of error was ±3.1 percentage points at a 95% confidence level. For more detailed survey outlines and results, please refer to the Central Election Poll Deliberation Commission website.
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