Sangsangin Securities Faces Potential Delisting, Seeks 1,000 Won Stock Price Target

According to the financial investment industry, as of July 9, Sangsangin Securities faces potential penny stock delisting risk under conditions newly implemented this month—a unique predicament among listed Korean brokerages. The firm plans to conduct stock mergers and other measures to raise its share price above 1,000 won, yet prices remain stagnant amid concerns that operating performance improvements are not materializing and large-scale capital raising appears unlikely.
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