Paradise, which is preparing for a transfer listing on the KOSPI, has shown a strong performance for the second consecutive day.
As of 9:13 AM on the 21st, Paradise is trading at 14,340 KRW, up 320 KRW (2.28%) compared to the previous day.
The anticipation of the transfer listing appears to be acting as a driving force behind the stock price increase. Paradise will enter the KOSPI market on the 24th. Sujin Lim, a researcher at Daishin Securities, said, "Paradise is scheduled to transfer list to the KOSPI market on the 24th, and it is expected to be included in the KOSPI 200 based on its current market capitalization," adding, "Improved supply and demand conditions are also expected to have a positive impact on the stock price."
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