[Market Focus] HanmiGlobal Soars 30% on Hopes of Nuclear Power Policy Benefits

HanmiGlobal surged by nearly 30% in early trading on June 19. Investor sentiment appears to have improved as the company is increasingly seen as a beneficiary of pro-nuclear energy policies.

As of 9:29 a.m. on this day, HanmiGlobal's share price had jumped 29.89% from the previous trading day to 22,600 won, marking a new 52-week high. The stock began trading at 21,300 won and has continued to climb.

On the previous day, HanmiGlobal signed a 'Memorandum of Understanding (MOU) for Cooperation in Nuclear Power Projects' with Korea Electric Power Corporation Engineering & Construction Company. Through this agreement, the two companies plan to collaborate on advancing business management foundations for nuclear power plant design and related fields by establishing a data-driven decision-making system using advanced technologies such as digital twin, artificial intelligence (AI), and building information modeling (BIM). They also intend to cooperate in discovering new business opportunities in the post-nuclear management sector, such as high-level radioactive waste disposal facilities, and in expanding owner's engineering and other new business opportunities in the global market.

Recently, shares of domestic companies related to nuclear power have been strong, driven by expectations of a surge in nuclear power demand due to the proactive nuclear energy policies of the Donald Trump administration in the United States and the global energy supply shortage.