The number of active stock trading accounts at brokerage firms in Korea has passed 50 million, a record high, as stocks perform well and individuals pile into initial public offerings (IPOs).
HK inno.N aims to go public early next month as Kosdaq stock, the Korean maker of hangover helpers and pharmaceuticals said Thursday.
It's been a banner year for IPOs in Korea — and more are on the way.
SK Bioscience attracted some 14.15 trillion won ($12.4 billion) of deposits on the first day of retail book building Tuesday for an oversubscription rate of 75.87 times.
SK Bioscience will start procedures to go public on the stock market next year, the company said Sunday.
Past performance, as they say, is no guarantee of future results, but Korean investors are not moved by that warning. With a flurry of successful initial public offerings (IPOs) and some big names on the horizon, the ants are piling in.
Kakao Games is preparing for an initial public offering (IPO). The game company majority owned by Kakao said Thursday afternoon that it submitted documents for a preliminary examination to be listed on the Kosdaq market.