US Stocks Move: Korea Electric Power drops nearly 4% pre-market as electricity price freeze exposes financial dilemma
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Golden Longhui June 22|According to reports, Korea Electric Power Corporation announced on Monday that electricity prices will remain unchanged in the third quarter. While this decision strengthens the company's cash flow, it also exposes deeper structural financial issues and has raised concerns in the market about this highly indebted public utility stock, resulting in downward pressure on its pre-market share price.
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