1,200% surge in Hanmi Semiconductor's share price tests investor nerves; foreign investors reduce share ownership.
1,200% surge in Hanmi Semiconductor Co's share price since end-2022 tests investor nerves. The South Korean firm's AI-related chipmaking equipment demand contributes to its highest valuation among regional chip-related peers. Foreign investors have started to sell shares, reducing their ownership from 16.5% to 13.2% in Feb. Fund manager Yoon Joonwon notes that investors who bought out of ignorance are leaving, and others are having second thoughts.
May 24, 2024
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