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Technology

SK battery materials affiliate surges in Seoul market debut

Shares in SK IE Technology double above IPO price amid electric car optimism

Shares in SK IE Technology, the battery materials affiliate of SK Innovation, began trading on the Seoul stock market on Tuesday.   © Reuters

SEOUL -- SK IE Technology, the battery materials affiliate of SK Innovation, made a strong debut on the Seoul stock market on Tuesday, with its shares initially doubling above the initial public offering price before giving up a chunk of their early gains.

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