Meet Korea’s priciest stock — and find out why it’s surging

Hyosung Heavy Industries, the highest-priced stock on the local market, surged past the 4 million won ($2,700) mark shortly in early trading Monday, supported by robust order momentum. After opening at 3.99 million won, just below the key threshold, the stock climbed to as high as 4.006 million won. It later pared some gains to trade at 3.94 million won as of 1:25 p.m., still up 10.9 percent from the previous session. The stock has nearly doubled from 2.1 million won as of Feb. 6, extending its

By The Korea Herald