[Asia Economy Reporter Minwoo Lee] The stock prices of Iljitech and Deokyang Industry are on the rise. This appears to be due to the fact that company executives are highlighted as being contemporaries of Chairman Choi Jae-hyung of the Board of Audit and Inspection, who has effectively hinted at running for president, having passed the judicial examination and attended the Judicial Research and Training Institute together.
As of 9:50 a.m. on the 22nd, Iljitech's stock price recorded 5,900 won, up 14.34% compared to the previous day. At the same time, Deokyang Industry's stock price also rose 6.23% to 4,085 won compared to the previous day.
The common point is that company registered executives are contemporaries of Chairman Choi, who recently hinted at running for president, having passed the judicial examination and attended the Judicial Research and Training Institute together. Na Taeyoung, an outside director of Iljitech who graduated from Hanyang University Law School, passed the 23rd judicial examination and completed the 13th class of the Judicial Research and Training Institute. Park Sang-il, auditor of Deokyang Industry, also passed the 23rd judicial examination and completed the 13th class of the Judicial Research and Training Institute. He is also two years junior to Chairman Choi at Seoul National University Law School.
Meanwhile, on the 20th, in a survey on suitability for the next presidential candidate, former Prosecutor General Yoon Seok-youl's support rate retreated to the low to mid-30% range, while Chairman Choi, who hinted at running for president, immediately rose into the top 5.
According to a survey conducted by PNR Research on behalf of Money Today and the Future Korea Research Institute on the 19th, asking 1,003 adults nationwide about the 'suitability for the next presidential candidate,' former Prosecutor General Yoon recorded 33.9%, and Gyeonggi Province Governor Lee Jae-myung recorded 27.2%. Chairman Choi gained 4.5% support, placing him in the top 5. Earlier, on the 18th, Chairman Choi appeared before the National Assembly's Legislation and Judiciary Committee and stated that he would soon organize and disclose his thoughts regarding running for president. This effectively hinted at a presidential bid.
The margin of error for this survey is ±3.1 percentage points at a 95% confidence level. For detailed survey outlines and results, please refer to the website of the Central Election Survey Deliberation Commission.
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