Hanseong Enterprise Stock Surges 240% as South Korean Retail Investors Launch 'Patriotic Investment' Rally on July 19

According to E-Daily, on July 19, South Korean retail investors initiated a patriotic investment rally targeting domestic companies facing delisting risks, with Hanseong Enterprise (creamy manufacturer) at the center. The stock surged from 4,230 won to 14,520 won over eight trading days, a 240% gain, with market capitalization jumping from around 300 billion won to 900 billion won. The rally was triggered after authorities strengthened listing standards this month (KOSPI threshold: 30 billion won; KOSDAQ: 20 billion won), pushing marginal companies into focus. The movement expanded to other firms, including Monami (up 180%, known as a Japanese semiconductor export control alternative) and Ennex (furniture company, up limit for four consecutive days). SK Securities analyst Na Seung-doo noted this reflects evolving investment culture beyond patriotic consumption toward corporate value enhancement, though sustainable growth requires competitive products and earnings improvement.
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