As of 2:30 PM on the 26th, HMM is trading at 8,760 KRW, up 8.55% from the previous day. The trading volume is 21,013,297 shares, which is 170.47% of the previous day's volume. HMM is known as a shipping business operator.


On October 22, Minjin Bang, a researcher at Eugene Investment & Securities, forecasted that "container sales are expected to surge by 49.8% year-on-year. The average SCFI (Shanghai Containerized Freight Index) for the third quarter was 1,191, which is 53.2% higher than the same period last year. We believe the operating leverage effect will be significant. The cost of goods sold ratio is expected to have fallen below 80%, influenced by additional sales from cost-efficient 24,000 TEU vessels." He set HMM's target price at 10,000 KRW.


Over the past five days, individual investors have net sold 2,759,318 shares of HMM, while foreigners and institutions have net bought 1,384,678 shares and 1,644,636 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

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