SK Bioscience made a hot debut on the local stock market Thursday, soaring to its maximum trading ceiling of 169,000 won ($150) just two minutes after the market’s opening.
 
The company started trading on the country’s main bourse at a starting price of 130,000 won, double the subscription price of 65,000 won and also the highest possible starting price set based on a spread of bid and ask prices before the market opened Thursday.

Listen to the full story in this week’s episode. Subscribe to the K-News Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily.


Full Article: https://koreajoongangdaily.joins.com/2021/03/18/business/finance/sk-bioscience-kospi-sk-biopharm/20210318175300389.html