Daily BriefsSouth Korea

Daily Brief South Korea: Korea Zinc, Hyundai Elevator Co and more

In today’s briefing:

  • Korea Zinc Announces Cancellation of Its Treasury Shares
  • Top 10 Korean Stock Picks and Key Catalysts Bi-Weekly (9 to 23 May 2025)


Korea Zinc Announces Cancellation of Its Treasury Shares

By Douglas Kim

  • Korea Zinc (010130 KS)’s chairman Choi Yoon-Beom announced that the company will cancel all 2.04 million treasury shares that the company acquired through a tender offer last year.
  • Now the company has finally decided to cancel all of the treasury shares this year, this should have a positive impact on its share price.
  • Korea Zinc announced better than expected earnings in 1Q25. Korea Zinc achieved more than 3.5-fold increase in sales in the strategic minerals sector, including antimony, indium, and bismuth in 1Q25.

Top 10 Korean Stock Picks and Key Catalysts Bi-Weekly (9 to 23 May 2025)

By Douglas Kim

  • In this insight, we provide the top 10 stocks picks and key catalysts in the Korean stock market for the two weeks (9 to 23 May 2025).
  • Our top 10 picks in the past two weeks were up on average 5.0% (from 25 April to 9 May), outperforming KOSPI which was up 1.2% in the same period.
  • Our top 10 picks in this bi-weekly include HD Hyundai, Hyundai Elevator, KT Corp, Shinsegae, Coway, Hanwha Aerospace, F&F Co, SM Entertainment, and SK Inc. 

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