Shares in Korea Life, South Korea's second-largest life insurer, got off to a good start on their debut on Wednesday, rising 6 percent after it priced its $1.6 billion IPO below market expectations earlier this month.
Korea Life shares opened at 8,700 won, up 6.1 percent from the IPO price of 8,200 won, and rose to as high as 9,000 won minutes after the opening.
