[Special Stock] LG Chem Rises on Expectations of Increased Value in Subsidiary Shares

LG Chem's stock price is on the rise. As investment sentiment recovers compared to the fundamentals of secondary batteries, expectations that the value of subsidiary equity will increase seem to be influencing the stock price.

At 9:50 AM on the 25th, LG Chem was trading at 355,000 KRW, up 2.60% from the previous day.

Hyun-ryul Cho, a researcher at Samsung Securities, stated, "Recently, the supply and demand in the secondary battery industry have improved ahead of the fundamentals," adding, "Considering the recovery of the battery subsidiary equity value, which accounts for a large portion of corporate value, and the favorable cathode material performance compared to competitors, it is a good buying option during the phase where investment sentiment is recovering first."