[Featured Stock] Hanmi Semiconductor Rises 4.7% on Large Purchases by Major Shareholder

Hanmi Semiconductor is showing strong performance following news of a large stock purchase by its largest shareholder.

As of 9:33 AM on the 13th, Hanmi Semiconductor was trading at 55,300 KRW, up 4.73% from the previous trading day.

According to the Financial Supervisory Service's electronic disclosure system, Kwak Dong-shin, Vice Chairman of Hanmi Semiconductor, purchased 146,000 shares on the market over five separate occasions this month. The acquisition price was in the 50,000 KRW range, with the total purchase amount estimated at approximately 8 billion KRW.

Hanmi Semiconductor produces equipment for manufacturing high-bandwidth memory (HBM) necessary for artificial intelligence (AI) development, and has been recognized as a beneficiary stock of AI, with its stock price rising about 400% this year.