Hyundai Motor, Stock Price +8.85% at This Hour... Foreigners Net Buy 230,830 Shares in Last 5 Days

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 about 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 intensified competition. In the second half of 2021, price parity with internal combustion engine vehicles without subsidies is expected to be required. Aggressive electric vehicle launch strategies, mainly by German and American companies, will materialize, inevitably widening the fundamental gap between companies depending on whether they internalize the technology or not. The expansion of the RV segment and entry into the luxury segment will play 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 foreigners 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 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.