Hyundai Motor, Institutional Investors Net Buy 441,703 Shares in Last 5 Days... Stock Price 186,500 KRW (+3.04%)
As of 12:30 PM on the 21st, Hyundai Motor Company is trading at 186,500 KRW, up 3.04% from the previous day. The trading volume is 2,021,053 shares, which is about 79.5% of the previous day's volume. Hyundai Motor is known as the number one automaker in South Korea.
On September 16, Jinwoo Kim, a researcher at Korea Investment & Securities, stated, "Held a commercial hydrogen briefing. Rather than a surprise announcement, Hyundai presented its strategy for commercial hydrogen vehicles within the recently growing interest in the hydrogen economy. The parallel strategy of electric vehicles and hydrogen vehicles: electric vehicles for passenger cars, hydrogen vehicles for trucks. Targeting large trucks first among commercial vehicles for hydrogen. Regionally, targeting Europe first, then the United States. Currently, derivative models of existing trucks are available, but full-scale business is expected after the launch of a dedicated platform. Avoided mentioning Nikola/GM. However, Toyota was mentioned as the strongest competitor." He set Hyundai Motor's target price at 220,000 KRW.
Over the past five days, individual investors have net sold 277,209 shares of Hyundai Motor, while foreign investors and institutions have net sold 192,445 shares and net bought 441,703 shares, respectively.
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※Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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