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Market cap of top 30 conglomerates in S. Korea jumped 33.2% over past four years Updated: 2022-01-25 17:20:54 KST

The richest in South Korea have gotten richer over the past four years.
According to a market tracker Leaders Index on Tuesday, South Korea's top 30 conglomerates have seen their combined market capitalization surge 33 percent to some 1.2-6 trillion U.S. dollars ,.. since January 2018.
That includes the combined value of some 200 listed firms belonging to those conglomerates.

And with battery producer LG Energy Solution and two other firms set to go public this year, that figure could go up to 1.6 trillion.
By conglomerate, Samsung is still undoubtedly the frontrunner with its market cap coming to around 5-hundred-39 billion U.S. dollars jumping more than 35 percent from 2018.
Including LG Energy Solution, LG Group comes next with some 188 billion dollars, also replacing SK which was previously listed second.

One of the most noticeable changes was with KakaoGroup, overtaking 11 others to sit 5th.
Among the top 30, it was actually the group that saw the biggest surge in its market cap from 2018 at 7-hundred-50 percent.
And as of 2022, its market cap is nearing 73 billion dollars.
The huge leap was largely thanks to the successful debuts of Kakao Games, Kakao Bank and Kakao Pay last year.

On the other hand, Lotte Group saw a decline in its market cap, dropping down to 12th from 8th.
However, the group to see the largest drop was HDC Hyundai Development Group over a series of safety accidents at their large scale construction sites.
Dropping almost 50 percent, the market cap of four listed firms of the conglomerate now stands at around 1.5 billion dollars.
Kim Sung-min, Arirang News.
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