In the stock market on the 9th, Gaonchips (399720) drew investors' attention with a strong rally, surging more than 20% during the session. As the share price rose sharply, the Volatility Intervention Mechanism (VI) was triggered twice.

According to the Korea Exchange, as of 11:02 a.m. on the same day, Gaonchips was trading at 53,000 won, up 10,200 won (23.83%) from the previous trading day, recovering the 53,000-won mark.

As strong buying pressure flooded in from the early hours of trading and the gain expanded rapidly, price management mechanisms were activated in succession. The first static VI was triggered at 9:00:17 a.m. and lifted at 9:02:45 a.m. Subsequently, as the stock surged again, a second static VI was triggered at 10:45:57 a.m. and released at 10:48:16 a.m.

The Volatility Intervention Mechanism (VI) is a system that applies single-price trading for two minutes when an individual stock's price changes drastically in a short period, giving investors time to reorganize their orders.

As Gaonchips breaks through the 53,000-won level and continues its strong upward trend, buying pressure has been so concentrated that VIs were triggered consecutively. Market attention is now focused on whether the stock can sustain its upward momentum going forward.

[※ This article is provided as reference material for investment decisions, and the final responsibility for investments lies with the investor.]