Hoban's Hanjin KAL stake gains $822 million in Nov. amid sharp share price swings

The Korea Times - Nov 13, 2026

Hoban Group’s stake in Hanjin KAL, the holding company of Hanjin Group, gained an estimated 1.1 trillion won ($822 million) in market value this month through Friday, despite sharp share price swings. Its value also rose by about 265.2 billion won from Nov. 4, when Hoban was disclosed as the company’s largest shareholder. Hoban emerged as Hanjin KAL’s second-largest shareholder in 2022 and steadily increased its holdings before overtaking Hanjin Group Chairman Cho Won-tae and related parties. The Nov. 4 disclosure showed that Hoban and related parties held 13,814,053 common shares, or 20.69 percent, narrowly ahead of Cho’s bloc at 20.58 percent. Hanjin KAL shares climbed from 123,900 won on Oct. 30 to 184,300 won on Nov. 4, reaching a closing peak of 239,000 won on Tuesday, a 92.9 percent increase from October’s final close. Profit-taking subsequently pushed the stock down 14.64 percent on Wednesday and another 0.49 percent Thursday. It edged up 0.25 percent Friday to close at 203,500 won. Assuming Hoban’s disclosed shareholding remained unchanged, its stake was worth about 2.8

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India, Guatemala highlight coffee for global consumers at Seoul cafe show

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India, Guatemala highlight coffee for global consumers at Seoul cafe show

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Nov 12, 2026

Luxury van market heats up in Korea as Mercedes-Benz joins rivalry with V-Class

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Deutsche Bank urges Korean financial markets to match its companies' global reach

Nov 12, 2026

Deutsche Bank urges Korean financial markets to match its companies' global reach

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Nov 12, 2026

Gov't to curb incumbents' influence over CEO selection process in sweeping corporate governance overhaul

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Nov 12, 2026

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Samsung, SK hynix monitor Nvidia leadership uncertainty: officials

Nov 12, 2026

Samsung, SK hynix monitor Nvidia leadership uncertainty: officials

Korean chipmakers Samsung Electronics and SK hynix are monitoring leadership uncertainty at Nvidia, one of their biggest clients, company insiders said Thursday. As the major suppliers of chips used in artificial intelligence (AI) accelerators, the two are assessing potential succession scenarios following reports that Nvidia's board is considering possible replacements for CEO Jensen Huang amid allegations of multiple extramarital affairs. Huang's close ties with Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won have raised concerns that his possible departure could affect business relations. "If Huang is removed, it could inevitably affect networking among top industry executives," a company official said, requesting anonymity. "We cannot rule out the possibility that business discussions could slow or existing plans could change." Others, however, said existing supply agreements were unlikely to be affected, noting that the two companies have traditionally worked with Nvidia executives, including Senior Vice President Jeff Fisher, on detailed business plans.

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Nov 12, 2026

Chip upcycle, easing oil-related pressures to boost consumption in 2027: KDI

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Nov 12, 2026

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Nov 12, 2026

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