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Publishing stocks soar after Han Kang wins Nobel Prize in Literature (comprehensive)

Hansae Yes24 Holdings, Yes24, Company K, Yerimdang 4 stock price history

Domestic publishing stocks rose on the 11th after news that novelist Han Kang won the Nobel Prize in Literature.

The four stocks that hit the highest level in the stock market and the KOSDAQ market on this day were related stocks.

In the stock market, Hansae Yes24 Holdings closed at 5,850 won, up 30%, which is the price limit.

This is also a 52-week high.

Woongjin Think Big (17.85%), Samsung Publishing (14.24%), and Woongjin (7.80%) also went up.

In the KOSDAQ market, three stocks, including Company K, an investment company of Ridi e-book, Yes24, and Yerimdang, closed trading at the highest price.

Millie Study (23.63%) and Dasan Networks (14.24%), which handles publishing logistics for publishing company Changbi, also rose.

The day before, the Swedish Academy chose novelist Han Kang as this year’s winner of the Nobel Prize in Literature.

Immediately after the announcement, there was a surge in orders for books related to online sites such as Kyobo Bookstore and Yes24, causing the sites to be paralyzed or experience access disruptions at times.

Han Kang’s work dominates the publisher’s real-time bestseller rankings.

The publishing industry expects this news to be ‘sweet water’ for the sluggish domestic book market.

/ Yonhap News

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