As of 2:30 PM on the 20th, Hyundai Motor Company is trading at 261,500 KRW, the same price as the previous day. The trading volume is 4,822,011 shares, which is 101.02% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.


On January 19, Jaeil Lee, a researcher at Eugene Investment & Securities, stated, "Global new car demand is expected to show significant improvement this year due to the base effect from 2020, and the burden of inventory replenishment will decrease due to the prior reflection of large-scale recall costs. Demand improvement in major advanced countries is expected to become more apparent. The business structure transformation centered on future vehicles is accelerating. The company's hydrogen vehicle business has expanded its business area into a platform business based on hydrogen fuel cell technology, and aggressive new car launches will continue starting with the release of the Ioniq 5 electric vehicle." He set Hyundai Motor Company's target price at 325,000 KRW.


Over the past five days, individual investors have net purchased 519,348 shares of Hyundai Motor Company, while foreign investors and institutions have net purchased 355,855 shares and net sold 919,155 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.

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

Today’s Briefing