‘Lee Jeong-jae’s lover’ Lim Se-ryung earns 32 billion won in two days with ‘one photo’

South Korean Actress’s Boyfriend’s Company Soars in Stock Market Following Election Rumors

South Korean actress Lim Se-ryung’s boyfriend’s company, Daesang Holdings (084690), has seen a surge in its stock price for two consecutive days after rumors of Lim’s boyfriend, Law Minister Han Dong-hoon, running in the upcoming general elections.
According to the Korea Exchange on the 28th, Daesang Holdings closed trading at 11,290 won, up 2,270 won (25.17%) from the previous trading day. The stock, which recorded the daily limit-up the day before, also rose more than 20% on this day. Daesang Holdings’ preferred stock, Daesang Holdings Woo (084695), also hit the daily limit-up for two consecutive days.
The surge in the stock price was triggered by the news that Lim and Han had dinner at a restaurant in Seoul’s Seocho-gu district over the weekend. Lim and Han have been in a relationship for nine years. Daesang Holdings has been a popular stock associated with Han due to its outside director Yang Dong-woon being Han’s high school classmate and Lim Sang-gyu, another outside director, being Han’s wife’s colleague at Kim & Jang Law Firm.

The unusual surge in Daesang Holdings’ stock price has also increased the value of Lim’s boyfriend’s stake. Lim’s boyfriend holds 7,389,242 shares (20.41% ownership) of Daesang Holdings. Based on the closing price on the 24th (6,940 won), the value of Lim’s boyfriend’s Daesang Holdings shares was estimated at 51.281 billion won. However, based on the closing price on the 27th (9,020 won) when the stock hit the daily limit-up, the value of his stake surged to 66.650 billion won. This means he made a profit of 15.4 billion won in just one trading day. With another more than 20% surge on this day, the evaluation of his stake increased even further. Based on the closing price on this day (11,290 won), the value of Lim’s boyfriend’s stake reached 83.4 billion won. In just two trading days, he made a profit of over 32 billion won.

During the period from the weekend to this day, Daesang Holdings’ stock price has risen by approximately 62.7% based on the closing price, and the value of the stakes held by the Lim family, including Lim’s boyfriend, has increased by a total of 102.6 billion won. The largest shareholders of Daesang Holdings include Lim’s honorary chairman, his wife Park Hyun-joo, Daesang Holdings’ vice chairman, his daughter Lim Sang-min, and his second daughter Lim Sang-min, who is in charge of Daesang’s strategy.

Market experts have warned investors about the increasing number of political theme stocks without any significant reasons, as the general elections are approaching in five months. They cautioned that political theme stocks that rise without clear positive factors or performance can experience sudden declines, urging caution in investments.

According to a study conducted by Nam Gil-nam, a senior research fellow at the Capital Market Institute, out of 83 stocks classified as political theme stocks during the 20th presidential election, the majority were connected to common acquaintances between presidential candidates and company executives (44%), personal relationships between executives (18%), or academic connections (16%).