[Featured Stock] Duzon Bizon Rises 4% on Growing Expectations for New Business Opportunities

The stock price of Duzon Bizon is on the rise. Expectations for solid core business performance and emerging new business momentum appear to be influencing the stock price.

As of 9:36 AM on the 30th, Duzon Bizon is trading at 64,000 KRW, up 4.92% from the previous day.

So-hye Kim, a researcher at Hanwha Investment & Securities, explained, "If the official approval for corporate information inquiry and corporate rating provision businesses is obtained, it will be possible to expand the business to include credit evaluation services in the accounts receivable securitization business. Existing companies operating credit evaluation businesses mainly serve large companies above a certain scale, but Duzon Bizon is likely to enter the market targeting small and medium-sized enterprises and small business owners."

She continued, "It is one of the few domestic companies capable of acquiring and analyzing their data," and added, "The active efforts to be selected as the fourth internet bank also serve as momentum." She further noted, "If the artificial intelligence (AI) upselling business materializes, a multiple increase is fully possible."