The World On arirang

LG Energy Solution, a leading South Korean battery maker, is set to go public next week.
It took bids from retail investors this week, drawing a record-high of almost 96 billion U.S. dollars from more than 4 million people.
For more, we have Professor Yang Jun-sok from the Catholic University of Korea.
Professor Yang, welcome to the program.



Why was LG Energy Solution attracting so many investors?

The company beat a number of other recent blockbuster IPOs in Korea, like SK IE Technology in terms of deposits for IPO subscriptions.
How many shares will be given to investors on average? Competition looks fierce.

Watchers say LG Energy Solution will become the third-largest listed company on KOSPI, after Samsung Electronics and SK hynix.
What are we expecting to see next Thursday when the company actually goes public?
Any projection for the stock price when it debuts?

What does the company plan to do with all this investment money?

What's your forecast for the global battery market for cars and IT devices?

Professor Yang Jun-sok from the Catholic University of Korea. Many thanks for your insights.