As of 1:30 PM on the 30th, LG Electronics is trading at 131,500 KRW, the same price as the previous day. The trading volume is 723,982 shares, which is about 9.8% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.


On December 24, Choi Boyoung, a researcher at Kyobo Securities, announced the establishment of the electric vehicle parts joint venture 'LG Magna e-Powertrain.' The expected benefits include acquiring Magna's system integration expertise based on motor inverter component technology, utilizing Magna's sales network with North American clients, and securing early market dominance by acquiring European automaker customers. In the mid to long term, collaboration with all LG affiliates and expectations for vendor entry into Apple's electric vehicle are also increasing. He set LG Electronics' target price at 150,000 KRW.


Over the past five days, individual investors have net sold 473,888 shares of LG Electronics, while foreigners and institutions have net sold 138,157 shares and net bought 658,815 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an article automatic 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