As of 10:30 AM on the 16th, Hyundai Motor Company is trading at 190,000 KRW, up 0.8% from the previous day. The trading volume is 739,323 shares, which is 54.87% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.


On December 11, analyst Jinwoo Kim of Korea Investment & Securities stated, "CEO Investor Day presentation: Level 3 autonomous driving will be commercialized by the end of 2022, and Level 4 by the end of 2023. With the commercialization of Level 3 autonomous driving in 2022, the gap with leading companies such as Tesla will narrow. Motional, established with Aptiv, is dedicated to developing Level 4 and 5 autonomous driving. The speed of autonomous driving technology development and mentions regarding electric vehicle profitability and internalization are encouraging." He set Hyundai Motor Company's target price at 260,000 KRW.


Over the past five days, individual investors have net purchased 890,229 shares of Hyundai Motor Company, while foreign investors and institutions have net sold 292,773 shares and 760,189 shares, respectively.



※ 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.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing