Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Korea Zinc and more

In today’s briefing:

  • Trading Situation for Hyundai Motor’s 5% Stake in Korea Zinc, Set to Be Unlocked in October


Trading Situation for Hyundai Motor’s 5% Stake in Korea Zinc, Set to Be Unlocked in October

By Sanghyun Park

  • The market is watching closely for when Hyundai Motor might sell its 5% stake in Korea Zinc, with the lockup ending on October 7th.
  • Hyundai might mediate to end the lawsuit and lift the injunction, potentially agreeing to sell the stake to a third party or on the market.
  • The uncertainty around Hyundai’s Korea Zinc stake sale makes trading challenging, but its actions in Q4 could significantly affect Korea Zinc’s stock price and create trading opportunities.

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