[Featured Stock] Heung-A Shipping Hits Upper Limit for 5 Consecutive Trading Days

[Asia Economy Reporter Park So-yeon] Heung-A Shipping has continued to hit the daily upper price limit for five consecutive trading days since its first day back on the exchange after about a year and a half.

As of 10:03 AM on the 24th, Heung-A Shipping is trading at 5,750 KRW on the KOSPI, up 1,320 KRW (29.8%) from the previous day.

Heung-A Shipping received a "disclaimer of opinion" in its 2019 fiscal year audit, which triggered delisting reasons, leading to a suspension of stock trading from March 30 last year. However, trading resumed on the 15th following the Korea Exchange's Corporate Delisting Committee's decision to maintain its listing.