Kyobo Securities raises ₩300B in capital via redeemable convertible preferred share issuance (roundup)
High impactPredicted impact: High
₩300B convertible preferred raise is about 30% of market value, well above the 5% threshold.
Knock-on:NH Investment & SecuritiesMoves with Kyobo Securities (corr 0.89); moved with Kyobo Securities on 18 of its 19 biggest daysHanwha Investment&SecuritiesMoves with Kyobo Securities (corr 0.87); moved with Kyobo Securities on 18 of its 19 biggest days