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Korea Hot Stocks-Hyundai Corp, Kangwon Land
Reuters - Tuesday, November 18
SEOUL, Nov 18 - Stocks on the move on Tuesday include:
As of 0322 GMT, the main KOSPI <.KS11> was down 2.88 percent at 1047.27 points.
The index opened 2.32 percent lower at 1,053.29 points.
**HYUNDAI CORP GAINS AFTER WINNING ORDER**
Shares in trading and construction firm Hyundai Corp <011760.KS> climbed 5.6 percent to 12,250 won after it said it had received a $300 million order from Kazakhstan. [ID:nSEO75330]
0317 GMT
**KANGWON LAND TUMBLES ON REGULATION WORRIES**
Shares in Kangwon Land <035250.KS>, a casino operator, tumbled after media reports late Monday that the government was set to introduce tougher regulations on the domestic gambling industry.
Local newspapers said that the National Gaming Control Commission would soon announce plans to limit gaming industry revenues and abolish online betting services until 2011.
"The measures are expected to lead to a stagnation in earnings from 2011 after a decline in 2009, " Han Ik-hee, an analyst at Hyundai Securities, said in a report on Tuesday.
Shares in Kangwon Land plunged 14.86 percent to 11,750 won as of 0050 GMT.
0050 GMT
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