Shinsegae I&C is showing strong performance. It is interpreted that the news of Chung Yong-jin, chairman of Shinsegae Group, being the only business figure to attend the ball held at Trump's inauguration ceremony has had an impact.
![[Featured Stock] Shinsegae I&C Confirms Close Friendship with Jeong Yong-jin and Trump Jr.... Only Attendee at the Ball](https://cphoto.asiae.co.kr/listimglink/1/2024072208164559128_1721603806.jpg)
As of 11:02 AM on the 8th, Shinsegae I&C was trading at 17,020 won, up 2,650 won (18.44%) compared to the previous trading day.
According to business circles on that day, Chairman Chung Yong-jin will attend both Trump's inauguration ceremony and the ball to be held that evening. It is known that the Trump couple will also attend the ball.
Among business figures, Chairman Chung is reported to be the only one attending the ball. It is known that he was invited by Trump Jr., the eldest son of President-elect Trump.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
