As of 1:30 PM on the 9th, Hyundai Motor Company is trading at 192,000 KRW, up 2.95% from the previous day. The trading volume is 1,331,585 shares, which is about 42.21% of the previous day's volume. Hyundai Motor is known as the number one automaker in South Korea.


On December 9th, Jinwoo Kim, a researcher at Korea Investment & Securities, stated, "On December 8th, Genesis unveiled its second SUV, the GV70, globally. The pre-order and launch dates are expected to be decided considering the extension of the individual consumption tax reduction. The sales target of 44,000 units for the GV70 is considered conservative. Sales are projected to reach 65,000 units in 2021. Genesis continues to increase sales and profits through expansion of models and launch regions. Especially, the brand is being revived through the expansion of its SUV lineup." He set Hyundai Motor's target price at 260,000 KRW.


Over the past five days, individual investors have net purchased 377,407 shares of Hyundai Motor, while foreign investors and institutions have net sold 150,639 shares and 339,113 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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