As of 11:30 AM on the 12th, Hyundai Motor Company is trading at 267,500 KRW, the same price as the previous day. The trading volume is 3,715,362 shares, which is about 25.91% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.


On January 11, KB Securities researcher Kang Sung-jin stated the following investment points: ① Hyundai Motor announced on January 8 that it has received joint development requests related to autonomous electric vehicles from multiple companies. The automotive industry is expected to transform into a mobility industry centered on IT technology and content, and cooperation with global IT companies presents positive opportunities for automobile manufacturers. ② Despite the resurgence of COVID-19, sales performance has exceeded expectations. In 4Q20, Hyundai Motor's global wholesale sales excluding China surpassed previous forecasts by 1.1%. ③ Profitability has improved due to successful model replacements. Based on this, the target price for Hyundai Motor was set at 285,000 KRW.


Over the past five days, individual investors have net purchased 1,409,022 shares of Hyundai Motor, while foreign investors and institutions have net sold 271,225 shares and 1,102,647 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


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