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August 22, 2018

Korea Morning Focus

Company News & Analysis Major Indices Close Chg Chg (%) International (031430/Buy/TP: W260,000) KOSPI 2,270.06 22.18 0.99 Power of platform KOSPI 200 291.93 3.32 1.15 KOSDAQ 787.15 17.37 2.26

Turnover ('000 shares, Wbn) Volume Value KOSPI 290,503 5,093 KOSPI 200 78,660 3,894 KOSDAQ 504,193 3,420

Market Cap (Wbn) Value KOSPI 1,518,199 KOSDAQ 262,063

KOSPI Turnover (Wbn) Buy Sell Net Foreign 1,506 1,400 106 Institutional 1,232 1,249 -17 2,282 2,433 -151

KOSDAQ Turnover (Wbn) Buy Sell Net Foreign 404 292 111 Institutional 304 167 137 Retail 2,718 2,953 -235

Program Buy / Sell (Wbn) Buy Sell Net KOSPI 1,280 1,225 54 KOSDAQ 250 121 129

Advances & Declines Advances Declines Unchanged KOSPI 523 293 82 KOSDAQ 891 249 102

KOSPI Top 5 Most Active by Value (Wbn) Price (W) Chg (W) Value Hynix 78,400 3,700 429 Electronics 44,800 950 422 KODEX KOSDAQ150 15,620 990 247 LEVERAGE SEMCO 143,500 10,000 176 268,500 7,500 167

KOSDAQ Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value SillaJen 62,900 2,400 105 ECOMAISTER 13,600 1,450 94 Keayeast 3,335 -40 92 ViroMed 217,200 16,200 83 Daea TI 9,170 50 81 Note: As of August 21, 2018 Mirae Asset Research This document is a summary of a report prepared by Mirae Asset Daewoo Co., Ltd. (“Mirae Asset Daewoo”) and published on our website. Please review the compliance notices contained in the original report. Information and opinions contained herein have been compiled in good faith from sources deemed to be reliable. However, the information has not been independently verified. Mirae Asset Daewoo makes no guarantee, representation or warranty, express or implied, as to the fairness, accuracy or completeness of the information and opinions contained in this document. Mirae Asset Daewoo accepts no responsibility or liability whatsoever for any loss arising from the use of this document or its contents or otherwise arising in connection therewith. Information and opinions contained herein are subject to change without notice. This document is for informational purposes only. It is not and should not be construed as an offer or solicitation of an offer to purchase or sell any securities or other financial instruments. This document may not be reproduced, further distributed or published in whole or in part for any purpose.

Shinsegae International (031430 KS) Power of platform

Textiles/Apparel Surge in VIDIVICI’s search frequency on Baidu The search frequency of VIDIVICI, Shinsegae International’s in-house cosmetics brand, Company Update is surging on Baidu, ’s largest search engine. In our view, such a trend is August 22, 2018 attributable to Shinsegae’s marketing efforts ahead of the opening of the Shinsegae DF Gangnam store in July, including the posting of VIDIVICI products on its official page on Weibo (China’s biggest social media network). Shinsegae DF’s online store is also running the banner ad for VIDIVICI’s new product (Hydra Ice Gel Ultra Soothing Mask; launched in June) on its main page. (Maintain) Buy Platform is the key to success Shinsegae International has an upper hand over competitors, as it can leverage the Target Price (12M, W) 260,000 expansive retail network of subsidiaries (Shinsegae, etc.). The well-established distribution network should help the company to: 1) further expand its sales channel; Share Price (08/21/18, W) 182,500 2) improve consumer access (by securing more favorable store locations, or maximizing the impact of marketing activities); and 3) have greater bargaining power in negotiations over distribution rights for foreign brands. Consumer needs are Expected Return 42% increasingly becoming segmented, while intensifying market competition has led to product diversification and quality improvement. Accordingly, platform competitiveness has become critical for the success of retailers. OP (18F, Wbn) 63 What’s next? Consensus OP (18F, Wbn) 63 Shinsegae International is likely to continue its quantitative growth through the EPS Growth (18F, %) 88.0 expansion in both its brand portfolio and sales channels, and qualitative growth via Market EPS Growth (18F, %) 9.1 premium product releases and cost savings. P/E (18F, x) 28.8 Quantitative growth: The company plans to launch Yeonjak, a premium cosmetics Market P/E (18F, x) 8.9 brand (mainly based on plant extracts), in October and add two foreign cosmetics KOSPI 2,270.06 brands to its lineup by year-end. It is also looking to release VIDIVICI skincare products and Jaju’s private-label cosmetics in December. Furthermore, the company plans to Market Cap (Wbn) 1,303 expand its duty-free channels, with VIDIVICI expected to be launched in two additional duty-free stores by year-end. Shares Outstanding (mn) 7 Free Float (%) 34.9 Qualitative growth: Yesterday, Shinsegae International disclosed that it will invest Foreign Ownership (%) 4.5 W6bn in new shares of its subsidiary Intercos (Intercos S.p.A. will also invest W6bn; equity stake after the will remain at 50%). We view the move as part Beta (12M) 0.50 of preparations for production capacity expansions due to new product launches and 52-Week Low 56,100 believe the funds will be used for operations, including purchasing of raw materials. 52-Week High 214,000 Intercos Korea will produce all VIDIVICI products going forward and is also likely to (%) 1M 6M 12M handle the production of Shinsegae International’s new brands. By increasing the production of in-house brands through its subsidiary, Shinsegae International should Absolute 1.7 121.2 178.6 be able to strengthen its vertical integration and cut costs. We also expect qualitative Relative 2.5 136.8 189.1 growth to be supported by the addition of premium products. New VIDIVICI products will have an ASP of around W100,000 (versus W67,000 for existing products), while the

370 Shinsegae International KOSPI prices of Yeonjak brand products are expected to be set at relatively high levels. 320 270 Maintain Buy and TP of W260,000 220 We reaffirm our Buy rating and SOTP-based target price of W260,000 on Shinsegae 170 International. We see: 1) fundamentals improving on the back of strong earnings 120 growth; and 2) potential expansion of multiples, driven by the cosmetics business. We 70 believe that Shinsegae International deserves a valuation premium, as the company is 8.17 12.17 4.18 8.18 the only domestic consumer goods maker that is seeking vertical integration.

Mirae Asset Daewoo Co., Ltd.

[ Textiles/Apparel] FY (Dec.) 12/15 12/16 12/17 12/18F 12/19F 12/20F Revenue (Wbn) 1,005 1,021 1,103 1,273 1,405 1,490 Nu-ri Ha +822-3774-1653 OP (Wbn) 20 27 25 63 100 128 [email protected] OP margin (%) 2.0 2.6 2.3 4.9 7.1 8.6

NP (Wbn) 21 17 24 45 75 97 EPS (W) 2,958 2,432 3,371 6,335 10,479 13,563 ROE (%) 4.6 3.7 5.0 8.8 13.2 15.0

P/E (x) 34.7 27.2 22.0 28.8 17.4 13.5 P/B (x) 1.6 1.0 1.1 2.5 2.2 1.9 Dividend yield (%) 0.6 0.9 0.8 0.3 0.3 0.3 Note: All figures are based on consolidated K-IFRS; NP refers to net profit attributable to controlling interests Source: Company data, Mirae Asset Daewoo Research estimates

Analysts who prepared this report are registered as research analysts in Korea but not in any other jurisdiction, including the U.S. PLEASE SEE ANALYST CERTIFICATIONS AND IMPORTANT DISCLOSURES & DISCLAIMERS IN APPENDIX 1 AT THE END OF REPORT.

August 22, 2018 Shinsegae International

Figure 1. Baidu search trend: VIDIVICI searches are surging

(Daily search traffic) 8,000 VIDIVICI Sulwhasoo Whoo 6,000

4,000

2,000

0 18.1 18.2 18.3 18.4 18.5 18.6 18.7 18.8 Note: As of August 20th Source: Baidu, Mirae Asset Daewoo Research

Figure 2. Expansion of marketing for VIDIVICI on Shinsegae DF’s online platform

Shinsegae DF’s official Weibo page Shinsegae DF’s online store

Promotions for new VIDIVICI items

(VIDIVICI Hydra Ice Gel Ultra Cool Soothing Mask)

Source: Weibo, Shinsegae, Mirae Asset Daewoo Research

Figure 3. Duty-free presence of Shinsegae International’s cosmetic brands

(No. of DF stores) 15 15 Shilla: Jangchung-dong, Yongsan (HDC), Jeju Lotte: Sogong-dong, Lotte World Tower, Jeju 12 Shingsegae: Myeongdong, Gangnam Others: Galleria Duty Free 63, Doota Duty Free, Dongwha Duty Free, SM Duty Free () 10

6

5 4 3

1

0 Diptyque VIDIVICI Santa Maria Novella La Perva Byredo Hourglass

Note: As of August 20th;; VIDIVICI is set to open in two more locations in the coming months: Hyundai Duty Free Gangnam in November and Top City Duty Free Sinchon Station in December, totaling 14 locations by the end of the year; SMN refers to Santa Maria Novella Source: Company data, media outlets, Mirae Asset Daewoo Research

Mirae Asset Daewoo Research 2 August 22, 2018 Shinsegae International

Table 1. Shinsegae International’s earnings trend and outlook (Wbn, %) 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18F 4Q18F 2017 2018F 2019F Revenue 272.1 239.5 268.8 322.2 304.4 283.4 311.2 373.6 1,102.4 1,273.5 1,404.7 Foreign brands 93.8 88.9 90.3 107.7 91.2 88.9 90.5 108.5 380.6 379.1 382.9 Domestic brands 87.9 59.6 85.1 91.3 89.1 60.8 85.4 91.5 323.9 326.8 336.6 Cosmetics 11.3 14.5 15.8 21.4 39.9 54.8 55.0 69.3 63.0 219.0 329.0 Lifestyle 43.4 48.1 50.2 51.5 45.1 50.6 51.0 52.5 193.1 199.2 207.1 Tomboy 37.3 28.7 27.9 50.6 39.6 28.4 29.0 53.1 144.5 150.1 146.9 Operating profit 4.4 4.4 0.9 15.7 11.8 14.3 14.2 23.1 25.4 63.4 99.9 OP margin 1.6 1.9 0.3 4.9 3.9 5.0 4.6 6.2 2.3 5.0 7.1 Foreign brands 1.6 1.2 0.2 3.1 2.6 2.9 0.4 3.0 6.0 8.8 10.3 Domestic brands 0.5 -0.4 -0.6 4.1 2.1 -0.4 0.0 1.8 3.6 3.5 5.0 Cosmetics 0.3 0.6 2.0 2.9 7.2 12.3 12.3 14.3 5.7 46.1 72.4 Lifestyle 2.0 4.7 3.4 3.6 1.3 4.1 2.9 3.6 13.7 12.0 13.2 Tomboy 1.5 0.6 -1.6 4.8 2.0 -0.7 0.0 4.2 5.2 5.6 7.9 Paul Poiret -1.2 -1.8 -2.0 -2.3 -3.1 -3.8 -1.0 -2.2 -7.3 -10.0 -6.0 Net profit 6.5 1.1 -1.1 17.6 9.0 10.8 7.0 18.4 24.1 45.2 74.8 YoY Revenue 9.6 1.5 9.8 10.2 11.9 18.3 15.8 16.3 8.0 15.5 10.3 Operating profit 25.4 -41.1 59.6 1.7 169.1 222.0 1457.0 47.2 -5.9 149.1 57.5 Net profit TTB -44.6 TTR 24.0 39.8 859.6 TTB 4.5 38.6 88.0 65.4 Note: Net profit refers to net profit attributable to controlling interests; differences in the sum of revenue and operating profit of each business and total are attributable to Paul Poiret and consolidation adjustments; 2017F cosmetics earnings are based on our estimates Source: Company data, Mirae Asset Daewoo Research

Table 2. Shinsegae International: SOTP valuation (Wbn, x, W, 1,000 shares, %) 12M NOPLAT 12M target P/E Fair value Notes Operating value (A) 1,700 (A1)+(A2)+(A3)

Fashion (A1) 115

Foreign brands Global fashion + Moncler + Paul Poiret 4.7 14.0 66 40% discount to global peer average P/E In-house brands Domestic fashion + Tomboy 3.5 14.0 49 30% discount to global peer average P/E Cosmetics (A2) 1,416

VIDIVICI + imported cosmetics + Sales/production 47.1 29.0 1,416 Domestic peer average P/E Shinsegae Intercos Korea Lifestyle (A3) 169

Household goods JAJU 10.0 17.0 169 20% discount to Japanese peer average P/E Value of equity stakes (B) 167

Management consulting fee & equity- Shinsegae Simon 13.9 12.0 167 Domestic peer average P/E method gains Fair market cap (C) 1,866 (A)+(B)

No. of shares (D) 7,140 Fair share price (W) 261,369 260,000 (C)/(D), rounded down

Upside (%) 32.7 Note: We applied a 20% discount to the multiples of the fashion and lifestyle businesses, reflecting their weak brand power compared with global peers, but did not apply a discount to those of the cosmetics business, as the business is in the early stages of rapid earnings growth and expects to enjoy continuous sales expansion and benefits from vertical integration; for Shinsegae Simon, we applied our estimated average P/E of domestic retailers Source: Bloomberg, Mirae Asset Daewoo Research

Mirae Asset Daewoo Research 3

Mirae Asset Daewoo Research Key Universe Valuations August 22, 2018

※All data as of close August 20, 2018, unless otherwise noted.

18F Earnings growth Mkt Cap Price P/E (x) P/B (x) ROE (%) Ticker Company Div Yield OP EPS (Wbn) (W) (%) 18F 19F 18F 19F 18F 19F 18F 19F 18F 19F 005930 287,586 44,800 3.2 23.2 3.2 28.8 8.5 6.4 5.9 1.3 1.1 22.4 20.3 000660 SK Hynix 57,075 78,400 1.3 64.8 4.8 59.2 3.7 3.4 3.3 1.1 0.8 40.5 30.2 068270 Celltrion, Inc. 33,669 268,500 - - - - 0.0 0.0 207940 30,039 454,000 4.5 277.0 - 375.1 580.1 122.1 7.5 7.0 1.3 5.9 005490 POSCO 28,423 326,000 2.5 19.3 3.5 21.5 10.4 8.4 7.6 0.6 0.6 7.6 7.9 005380 Hyundai Motor 26,815 125,500 3.2 -19.0 11.1 -17.0 18.6 10.7 9.0 0.5 0.5 4.8 5.3 051910 LG Chem 25,696 364,000 1.6 -13.4 15.8 -4.9 18.7 15.4 13.0 1.6 1.5 11.1 12.1 035420 24,623 747,000 0.2 -6.2 51.3 7.8 28.3 29.5 23.0 3.7 3.2 16.3 18.0 028260 Samsung C&T Corporation 23,142 122,000 1.6 26.8 7.7 96.0 2.2 18.6 18.2 0.9 0.9 5.4 5.2 012330 22,486 231,000 1.5 -0.2 10.5 34.9 11.7 10.6 9.5 0.7 0.7 7.0 7.4 105560 KB Financial Group 21,449 51,300 22.1 5.0 8.1 3.7 5.9 5.7 0.6 0.5 10.3 10.0 017670 SK Telecom 20,752 257,000 3.9 -13.2 5.1 29.7 4.8 6.2 5.9 0.9 0.8 17.0 15.2 055550 20,343 42,900 23.1 2.1 16.6 2.5 6.0 5.8 0.6 0.5 10.0 9.6 015760 KEPCO 19,740 30,750 -80.1 280.7 - - - 13.2 0.3 0.3 - 2.1 034730 SK Holdings 18,892 268,500 1.5 4.6 7.0 26.5 6.1 9.0 8.5 1.2 1.0 14.5 13.6 032830 Samsung Life 18,640 93,200 - - - - 0.0 0.0 096770 SK Innovation 18,262 197,500 4.1 -9.7 -8.5 -7.4 0.1 9.5 9.5 1.0 0.9 10.5 10.0 018260 Samsung SDS 17,797 230,000 1.1 24.5 13.4 31.7 12.1 25.5 22.7 2.9 2.7 12.0 12.3 006400 Samsung SDI 14,922 217,000 0.5 438.9 40.6 7.9 45.3 21.5 14.8 1.2 1.2 6.1 8.3 033780 KT&G 14,416 105,000 4.4 -8.2 16.7 -13.6 13.3 14.3 12.7 1.8 1.7 13.0 14.2 010950 S-Oil 13,735 122,000 3.8 4.3 24.7 -28.2 51.6 15.9 10.5 2.2 2.0 13.4 19.7 091990 Celltrion Healthcare 13,181 93,800 79.4 45.2 65.7 17.5 45.1 38.4 6.6 5.8 15.7 16.1 086790 13,136 43,750 24.8 9.6 18.1 9.7 5.4 4.9 0.5 0.5 9.7 9.7 000270 Motors 13,073 32,250 3.1 101.3 10.0 59.2 14.5 8.5 7.4 0.5 0.4 5.6 6.1 000810 Samsung F&M 12,791 270,000 - - - - 0.0 0.0 003550 LG Corp. 12,131 70,300 1.8 0.8 6.8 -21.5 7.1 6.6 6.1 0.7 0.6 11.1 10.8 066570 LG Electronics 12,012 73,400 1.0 34.0 14.1 -6.4 40.2 8.2 5.9 0.9 0.8 11.5 14.3 011170 Lotte Chemical 11,362 331,500 3.2 -15.6 8.0 -9.8 12.2 5.6 5.0 0.9 0.8 16.5 16.3 009150 Samsung Electro-Mechanics 10,719 143,500 0.6 196.0 30.7 254.7 29.9 19.4 14.9 2.2 2.0 12.7 14.5 251270 10,524 123,500 0.3 -36.6 21.1 -11.3 17.6 38.2 32.5 2.3 2.2 6.2 6.9 035720 Corp. 9,459 124,000 0.1 -38.3 67.5 -22.4 58.7 99.8 62.9 1.8 1.8 2.0 2.8 024110 8,456 15,100 24.2 6.2 20.5 6.0 5.5 5.2 0.5 0.4 8.9 8.8 034220 LG Display 8,319 23,250 2.2 ------0.6 0.6 - - 036570 NCSOFT 8,227 375,000 2.1 5.1 96.7 9.4 86.0 17.1 9.2 2.8 2.2 17.4 28.2 010130 Korea Zinc 7,406 392,500 2.5 -8.6 2.9 -1.2 9.5 11.9 10.9 1.1 1.1 10.1 10.3 030200 KT 7,403 28,350 3.5 4.0 -1.1 37.6 14.9 11.3 9.8 0.5 0.5 5.4 5.8 004020 Hyundai 7,193 53,900 1.4 1.1 2.5 8.3 7.0 9.3 8.7 0.4 0.4 4.6 4.7 032640 LG Uplus 6,986 16,000 3.4 3.2 4.3 -1.9 3.7 13.0 12.5 1.0 1.0 9.0 8.1 000720 Hyundai E&C 6,882 61,800 0.8 9.7 15.9 171.2 14.2 12.6 11.0 1.1 1.0 8.4 9.3 018880 Hanon Systems 6,352 11,900 - - - - 0.0 0.0 139480 Emart 5,910 212,000 0.8 2.7 11.8 -20.9 4.7 12.1 11.6 0.7 0.7 5.8 5.8 023530 Lotte Shopping 5,134 181,500 2.9 9.5 34.4 - - - 10.1 0.4 0.4 - 4.0 036460 KOGAS 5,096 55,200 1.8 25.0 10.6 - 8.1 7.3 6.7 0.6 0.5 8.6 8.6 128940 5,078 446,000 0.1 -1.8 108.0 -14.0 129.7 97.7 42.5 6.6 5.7 7.1 14.6 097950 CJ CheilJedang 5,073 337,000 0.9 6.8 11.7 134.7 -64.2 5.6 15.7 1.1 1.0 23.4 7.0 078930 GS Holdings 5,064 54,500 3.3 -8.0 4.8 -2.6 5.3 5.4 5.1 0.6 0.6 11.8 11.3 005830 DB Insurance 4,800 67,800 - - - - 0.0 0.0 086280 4,800 128,000 2.3 -5.1 5.6 -37.4 29.3 11.3 8.7 1.2 1.0 10.4 12.6 271560 Orion 4,329 109,500 0.6 149.6 13.1 44.9 14.9 23.2 20.2 2.9 2.6 13.4 13.6 088350 Hanwha Life 4,278 4,925 - - - - 0.0 0.0 Source: Mirae Asset Daewoo Research

Mirae Asset Daewoo Research Market Data August 22, 2018

※All data as of close August 21, 2018, unless otherwise noted.

Other Major Indices Economic Indicators Close Net Chg 1D (%) YTD (%) Close 1D ago 1M ago 1Y ago MSCI Korea* 472.18 0.45 0.10 -14.79 USD/KRW 1,121.70 1,125.60 1,131.20 1,142.00 KOSPI 2,270.06 22.18 0.99 -8.45 JPY100/KRW 1,020.14 1,018.50 1,005.91 1,043.92 KOSDAQ 787.15 17.37 2.26 -3.11 EUR/KRW 1,289.06 1,287.35 1,317.23 1,342.02 Dow Jones* 25,758.69 89.37 0.35 3.77 3Y Treasury 1.92 1.99 2.08 1.78 S&P 500* 2,857.05 6.92 0.24 5.98 3Y Corporate 2.59 2.65 2.73 2.33 NASDAQ* 7,821.01 4.68 0.06 11.62 DDR2 1Gb* 1.32 1.33 1.34 1.23 Philadelphia Semicon* 1,322.10 -1.31 -0.10 2.67 NAND 16Gb* 2.82 2.83 2.83 2.95 FTSE 100* 7,591.26 32.67 0.43 -0.74 Oil (Dubai)* 70.81 70.38 71.52 49.26 Nikkei 225 22,219.73 20.73 0.09 -5.47 Gold* 1,186.80 1,176.50 1,231.10 1,285.70 Hang Seng* 27,598.02 384.61 1.41 -9.56 Customer deposits (Wbn)* 25,260 24,921 25,867 23,749 Taiwan (Weighted) 10,792.20 93.15 0.87 0.76 Equity type BC (Wbn)(Aug. 17) 80,993 80,507 81,603 69,739 Note: * as of August 20, 2018 Source: KSDA, Wisefn, DRAMeXchange, MSCI

KOSPI Top 10 Foreign Net Buy / Net Sell (Wbn) KOSPI Top 10 Institutional Net Buy / Net Sell (Wbn) Net Buy Net Sell Net Buy Net Sell KOREA 15.07 LG Electronics 20.10 KODEX KOSDAQ150 LEVERAGE 32.50 KODEX 200 Futures Inverse 2X 18.27 Samsung Electronics (P) 13.78 LG Chem 16.03 Samsung Electronics 28.34 LG Uplus 15.44 LG Display 13.57 Honam Petrochemical 11.24 KODEX LEVERAGE 25.98 FILA KOREA 13.66 Celltrion 13.30 POSCO 9.50 SEMCO 25.73 S-Oil 12.05 LG Uplus 9.74 9.16 Celltrion 21.08 SK Telecom 8.67 Netmarble 9.64 KEPCO 8.83 POSCO 18.84 Samsung Electronics (P) 8.35 Daum Communications 8.76 Samsung Electronics 7.81 Hynix 14.71 KODEX INVERSE 8.10 S-Oil 8.35 Hyundai Elevator 6.62 SamwhaCapacitor 12.26 Shinhan Financial Group 7.94 SEMCO 7.87 Korea Investment Holdings 5.64 Woori Investment Securities 10.48 Hyundai Motor 7.84 7.70 KODEX KOSDAQ150 INVERSE 5.22 Samsung SDI 10.02 NHN 7.66 Source: KSDA, Wisefn

KOSDAQ Top 10 Foreign Net Buy / Net Sell (Wbn) KOSDAQ Top 10 Institutional Net Buy / Net Sell (Wbn) Net Buy Net Sell Net Buy Net Sell Celltrion Healthcare 12.21 CJ O Shopping 7.17 Celltrion Healthcare 14.02 BH,LTD. 8.81 Jtuen Entertainment 11.78 Hugel 5.57 CJ O Shopping 11.61 Hugel 2.19 Posco Chemtech 9.12 NATURECELL 4.76 ViroMed 7.87 STraffic 1.32 ViroMed 8.59 Medy-tox 4.27 YG Entertainment 6.76 Systems Technology 1.26 Texcell-Netcom 6.05 Com2us 2.34 Com2us 6.69 KANGSTEM BIOTECH 1.16 HLB 5.83 Keayeast 1.85 SillaJen 6.31 SSR 1.13 Medipost 3.91 RFHIC 1.80 SM 6.29 HaanSoft 0.85 BH,LTD. 3.48 1.38 Posco Chemtech 5.95 INNOX Advanced Materials 0.76 Jenexine 2.97 PSK 1.23 Nowcom 4.43 NEW 0.72 L&F 2.89 YG Entertainment 1.15 Paradise 3.37 WIMCO 0.68 Source: KSDA, Wisefn

KOSPI Top 10 by Market Cap (Wbn) KOSDAQ Top 10 by Market Cap (Wbn) Close (W) Chg (W) Mkt Cap Close (W) Chg (W) Mkt Cap Samsung Electronics 44,800 950 287,586 Celltrion Healthcare 93,800 4,200 13,181 Hynix 78,400 3,700 57,075 CJ O Shopping 242,800 2,800 5,324 Celltrion 268,500 7,500 33,669 SillaJen 62,900 2,400 4,384 Samsung Electronics (P) 37,000 950 33,434 NANOS 7,750 100 3,804 SAMSUNG BIOLOGICS 454,000 500 30,039 HLB 95,800 2,100 3,664 POSCO 326,000 5,000 28,423 Medy-tox 636,700 11,200 3,602 Hyundai Motor 125,500 -2,000 26,815 ViroMed 217,200 16,200 3,466 LG Chem 364,000 -2,000 25,696 PearlAbyss 244,200 8,500 3,144 NHN 747,000 -8,000 24,623 Posco Chemtech 50,500 3,000 2,983 SAMSUNG C&T 122,000 0 23,142 103,100 700 2,891 Source: