Reported 5 months ago
The article discusses a nearly 1,200% surge in the share price of Hanmi Semiconductor Co. in South Korea, leading to concerns among investors about cashing out due to high valuations. Foreign investors have started reducing their holdings in the company after a significant increase last year, while local funds are holding steady despite doubts. The stock's performance has been driven by excitement over its thermal compression bonders and expectations of being added to the Kospi 200 Index. CEO Kwak Dong Shin's substantial stake in the company and positive catalysts like order wins have contributed to the stock's rally, although some investors are cautious about its high price-to-earnings ratio.
Source: YAHOO