Hyundai Motor, Foreign Investors Net Buy 230,830 Shares in Last 5 Days... Stock Price 209,000 KRW (+8.85%)

As of 12:31 PM on the 4th, Hyundai Motor Company is trading at 209,000 KRW, up 8.85% from the previous day. The trading volume is 4,470,922 shares, which is approximately 331.1% of the previous day's volume. Hyundai Motor is known as the number one automobile manufacturer in South Korea.

On January 4th, Yoo Ji-woong, a researcher at Ebest Investment & Securities, stated, "From the second half of 2021, the commercialization of electric vehicle technology by competitors is expected to accelerate, leading to earlier-than-expected intensification of competition. In the second half of 2021, price parity with internal combustion engine vehicles without subsidies will be required. Aggressive electric vehicle launch strategies, mainly by German and American companies, will materialize, inevitably causing a widening fundamental gap among companies depending on whether they internalize the technology. The expansion of the RV segment and entry into the luxury segment will play only a limited role." He set Hyundai Motor's target price at 230,000 KRW.

Over the past five days, individual investors have net sold 210,801 shares of Hyundai Motor, while foreign investors and institutions have net bought 230,830 shares and net sold 63,541 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.