[Special Stock] LG CNS Hits Record Highs for Consecutive Days, Up 8.16%

LG CNS, which has recently been hitting record highs for several consecutive days, continued its strong performance by surging more than 8%.

As of 10:01 a.m. on June 17, LG CNS was trading at 76,900 won, up 5,800 won (8.16%) from the previous trading day.

On June 13, LG CNS surpassed its initial public offering (IPO) price of 61,900 won for the first time since its listing, and has continued to set new record highs every day since then. This contrasts with the period after its listing on February 5, when the stock price remained sluggish and failed to exceed the IPO price.

LG CNS is the information technology (IT) services subsidiary of LG Group, focusing on businesses such as system integration (SI), cloud, and artificial intelligence (AI). The company is attracting investor attention especially as it oversees the technology development of Project Hangang. At the 75th anniversary ceremony of the Bank of Korea, Governor Rhee Changyong stated, "Through Project Hangang, we are conducting experiments with central bank digital currency (CBDC) for institutional use," and deposit token-based experiments,adding, "We also plan to review the potential commercialization of deposit tokens by the end of the year."