Hanwha Galleria Preference Shares Short-Term Overheated Stock Designation Extended by 3 Trading Days... Common Share Disparity Ratio Exceeds 50%
The Korea Exchange announced on the 7th that it will extend the short-term overheated stock designation period for Hanwha Galleria Preference Shares (KR745226K0

The Korea Exchange announced on the 7th that it will extend the short-term overheated stock designation period for Hanwha Galleria Preference Shares (KR745226K018) by an additional three trading days, pursuant to Article 106-2 of the KOSPI Market Business Regulations and Article 134 of the Enforcement Rules thereof.
This measure was taken because the price disparity ratio between Hanwha Galleria preference shares and common shares exceeded 50%. The extension was decided as the disparity ratio between class shares (preference shares) and common shares surpassed the threshold based on the day's closing price.
With this extension, the expiration date of the short-term overheated stock designation period has been pushed back to the 10th. According to the Exchange, the designation will be lifted starting from the next trading day after the expiration date; however, if the price disparity ratio exceeds 50% as of the expiration date, the designation period will again be extended by three trading days, and single-price trading will continue to apply.
There is no limit on the number of such extensions, and if trading is suspended during the single-price trading period, the suspension days are included in that period. However, even when the short-term overheated stock designation period ends, no separate market notice will be issued.
[This article was written for informational purposes and does not constitute a recommendation to buy or sell any specific stock. Stock investments carry the risk of principal loss, and the final decision and responsibility for investing rest with the investor. It is recommended to verify sufficient information and consult with a professional before making investment decisions. This article was produced with the assistance of AI tools.]
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