Stock offering rise 10%, debt issue down 12% after rate hike

[Photo by Yonhap]

Stock offerings in Korea rose 10.3% to 4.47 trillion won ($3.8 billion) on high-profile IPOs of Krafton and Lotte Rental on the main Kospi bourse. Debt issues softened by 12.3% to 14.89 trillion won as market conditions turn unfavorable after a rate hike by the Bank of Korea.

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