Hanjin Shipping has seen a record drop in its share price on the first day of its pre-delisting trading period.

Its shares tumbled as much as 60% on the Seoul Stock Exchange, down to KRW 310 ($0.27) each.

As TradeWinds reported yesterday, Hanjin intends to remove its shares from the Korean bourse on 7 March.

Its stock price has taken a major hit since the company filed