Hansung Enterprise Stock Doubles in One Week on Online Sentiment; Kumho Stocks Surge on Semiconductor Cluster Hopes

Last week (June 6-10), Hansung Enterprise stock surged 100%, jumping from 4,230 Korean won to 8,460 won, according to Korea Exchange data. The company, known as H-CREMY and facing delisting risk, saw buying interest surge after online communities shared stories of its support for military veterans' concerts, creating "support-driven" investment demand rather than fundamental business developments.

Other theme stocks also rallied despite broader market weakness. Kumho Electric and Kumho Construction, linked to the government's semiconductor cluster project in the Honam region, gained 79.62% and 77.05% respectively, while Kumho Construction briefly hit a 52-week high of 19,380 won. The Korea Exchange issued investment caution and warning designations on these stocks, but buying pressure continued. Analysts noted that theme-driven gains with minimal fundamental support create significant volatility and warrant cautious approaches over chase buying.