1. What Happened? Decoding the After-Hours Block Trade

On August 7, 2025, during after-hours trading, a significant block of 77,852 Hanjin KAL shares, valued at 9.2 billion KRW, changed hands. Institutional investors were the primary buyers (8.5 billion KRW), while foreign investors were the primary sellers (4.5 billion KRW).

2. Why Did This Happen? Exploring the Drivers Behind the Trade

The institutional buying is likely driven by a positive outlook on Hanjin KAL’s fundamentals and the improving business environment for its subsidiaries, Korean Air and Hanjin Transportation. Korean Air is expected to benefit from recovering passenger demand and growth in its aerospace business, while Hanjin Transportation maintains a strong position in the logistics market. The foreign selling could be attributed to profit-taking or portfolio adjustments.

3. What’s Next? Assessing the Potential Impact on Stock Price

While after-hours block trades can represent short-term market dynamics, the institutional buying is generally seen as a positive signal. It could positively influence the opening price and short-term price movements in the next trading session. In the medium to long term, factors such as improved performance of Korean Air and Hanjin Transportation, a weakening KRW, and stable oil prices are expected to support stock price appreciation.

4. What Should Investors Do? Developing an Action Plan

Investment decisions should be made after careful consideration of various factors, including macroeconomic conditions, subsidiary performance, exchange rates, and oil prices. Investors should exercise caution regarding short-term price volatility. Those with confidence in Hanjin KAL’s fundamentals and growth potential should consider a long-term investment strategy.