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LG Household & Health Care

Founded in 1947, Koo In-Hwoi (founder of LG Corp) established Lucky Chemical Industrial Corp, and launched "Lucky Cream," the very first cosmetics product in Korea. In 1954, the company also launched Korea's first toothpaste brand, ‘Lucky Toothpaste’. In February 1995, the company changed its name to LG Chemical Ltd. In April 2001, LG Household & Health Care (LG H&H) spun off from LG Chemical, and was listed on the Korean Stock Exchange. Since then, it has grown to be Korean’s largest household goods and cosmetics company with currently a market capitalization of $19 billion.

Ant Group seeks $200bn valuation in landmark dual IPOs in Shanghai and Hong Kong, not New York

Alibaba-affiliated fintech giant Ant Group has announced its long-awaited public offering with a dual listing on the new Shanghai Stock Exchange’s Star Board (or the Science and Technology Innovation Board, which is being dubbed “China’s Nasdaq”) and also on the Hong Kong Stock Exchange.

Rise of the “Nasdaq of the East” - Shanghai’s Star Board

Chinese regulators decided to launch a new Nasdaq-style Shanghai’s Star Board on 13 June 2019. Their vision is to make the Star Board a serious competitor to the Nasdaq - an attractive financing option for dynamic companies while offering investment opportunities. It wants to create a fundraising platform for promising technology firms in key fields such as chip making, artificial intelligence and biotechnology.

Global Challenger: LG Chem

LG Chem is the leading South Korean vertically integrated chemicals company that has globally competitive products, including premium grade ABS, specialty polymers, polarisers and energy storage and electric vehicle (EV) battery cells. It holds the largest market share in the global ABS market and is leading the market as a global EV leader on its superior technology. LG Chem is a way to play the increasing penetration of EV and is also poised to benefit from the EU’s Green Energy Deal.