Battery maker LG Energy Solution said Tuesday it applied for preliminary approval to list its shares on the country's main stock market.
Borrowings spiked in April, buoyed by unsecured loans taken by punters to invest in an initial public offering (IPO) by SK IE Technology, which was listed on the Kospi on Tuesday.
SK ie technology ended its first day as a listed company at 154,500 won ($138), up 47 percent from its offering price of 105,000 won after a choppy morning of trade.
The subscription rate for the initial public offering (IPO) of SK ie technology soared Thursday.
SK IE Technology’s initial public offering has been priced at 105,000 won ($94), the high end of the range.
Kakao Pay has applied for preliminary approval for an initial public offering (IPO), the Korea Exchange said Monday.
Naver, Korea’s largest online portal, is considering taking its web cartoon unit public in the United States.
SK Bioscience has fallen for two of the three days since its listing, down now by almost a quarter from its peak, with retail investors hit hardest.
Market Kurly, which hopes to go public this year, lost money for another year.
SK Bioscience started trading on the local stock market Thursday with a starting price of 130,000 won ($116), double the subscription price of 65,000 won.