Hanseng Corp Soars 100% as South Korea Theme Stocks Surge on Honam Semiconductor Hopes

According to E-Daily on July 12, Hanseng Corp stock surged 100% during the week of July 6–10, doubling from 4,230 Korean won to 8,460 won and ranking first among all traded stocks. The rally was driven by online support for the company's charitable history after it faced delisting concerns. Meanwhile, government plans for a Honam semiconductor cluster sparked broad gains in regionally connected stocks: Kumho Electric climbed 79.62%, Kumho Engineering jumped 77.05%, and Kumho Tire rose 64.56%. This contrasted sharply with KOSPI's 7.57% decline over the same period.

The Korea Exchange issued trading alerts for overheated stocks, flagging Kumho Engineering for investment warnings and potential risk designation. Analysts cautioned that past theme stocks have often surrendered 70-80% of gains after sharp rallies, noting that sustained upside requires the semiconductor cluster plan to materialize into actual contracts and earnings—outcomes not yet confirmed.