Douglas Research Insights

Douglas Research Insights

HLB: Approves to Switch Listing from KOSDAQ to KOSPI in an Extraordinary General Meeting

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Douglas Kim
Dec 22, 2023
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  • HLB Inc (028300 KS) announced that it has decided to transfer listing from KOSDAQ exchange to KOSPI exchange.

  • HLB currently has a market cap of 6.5 trillion won and HLB is likely to be included in KOSPI 200 in 2024.

  • One of the key reasons why the company has a large market cap is due to its Rivoceranib liver cancer drug which is being reviewed by the U.S. FDA.

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