New Themed Stocks Appear Including OpenNol, MediAnseu, Daesung Changtu
Policy Themes Surge While Acquaintance Themes Rest
Speculative Trends Continue Reflecting Market Uncertainty
In the domestic stock market, political theme stocks have been expanding their scope since the emergency martial law situation on December 3. While Orient Precision, the leading political theme stock, paused trading for a day, individual investors showed a trend of shifting from acquaintance-themed stocks to policy-themed stocks.
According to the financial investment industry on the 12th, Openknowl, Mediangs, Daesung Venture Capital, and Lindemann Asia surged to their price limit on the KOSDAQ market the previous day.
Openknowl, which operates the job matching platform 'Mini Intern,' and Mediangs, a baby products company, are related to jobs and low birthrate countermeasures. In the past, major presidential candidates promised to increase jobs and work to solve the low birthrate issue before the presidential election. With prospects of a presidential election possibly taking place in the first half of next year, 'buy' orders poured into related stocks.
In the same context, Carrysoft, which produces content for children and families, also hit the upper price limit. Baby product companies Zero to Seven and Agabang Company rose by 18% and 14%, respectively. The stock price of Wanted Lab, an operator of a recruitment matching platform, rose about 24%.
Venture investment companies Daesung Venture Capital and Lindemann Asia were triggered by remarks from Lee Jae-myung, leader of the Democratic Party of Korea. Lee proposed the formation of an "emergency economic inspection meeting involving the ruling party, opposition, and government," stating, "Semiconductors and small and venture companies are at a survival crossroads," and "We will look into special funding support plans for them," which acted as a catalyst.
While policy-related stocks surged sharply that day, existing theme stocks such as ATEC Mobility, Total Soft, and Hyungji I&C declined. This is interpreted as a result of selling pressure for profit-taking as stock prices rose steeply. Orient Precision and Dongshin Construction, which rose more than 200% in five days from the 4th to the 10th, suspended trading for one day. The Korea Exchange explained that trading was halted for one day according to market surveillance regulations.
The Korea Exchange designated a total of 16 listed companies as investment warning stocks due to rapid stock price increases from the 6th to the previous day. After designating three companies on the 6th, four on the 9th, and nine on the 10th, the number of listed companies included in political theme stocks is increasing despite the Korea Exchange's investment warnings.
A financial investment industry official expressed concern, saying, "As market uncertainty increases, speculative funds are flowing into theme stocks," and "The price volatility of various political theme stocks is expected to increase for the time being."
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