[Asia Economy Reporter Ji Yeon-jin] Heung-A Shipping, which was on the brink of delisting, has recorded the upper price limit for three consecutive days since trading resumed.
On the 17th, Heung-A Shipping is trading at 3,410 won, up 29.90% (785 won) compared to the previous day, shortly after the opening of the KOSPI market. Around 9:02 a.m., just after the market opened, Heung-A Shipping immediately hit the upper price limit.
Previously, Heung-A Shipping recorded the upper price limit for two consecutive days since trading resumed on the 15th. If it closes at the upper price limit again today, it will set a record for three consecutive trading days.
Trading of Heung-A Shipping resumed after about 1 year and 6 months since the end of March last year. Earlier, Heung-A Shipping faced the risk of delisting after receiving a 'disclaimer of opinion' in the audit opinion for the 2019 fiscal year. However, the Korea Exchange decided to maintain the listing of Heung-A Shipping, leading to the resumption of trading.
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