As of 12:32 PM on the 29th, Hyosung Advanced Materials is trading at 223,500 KRW, down 4.28% from the previous day. The trading volume is 170,694 shares, which is about 36.0% of the previous day's volume. Hyosung Advanced Materials is known as a chemical fiber manufacturer.


On January 28, Lee Dong-wook, a researcher at Kiwoom Securities, stated, "The company leveraged the advantage of being an owner-operated business capable of withstanding losses from new ventures to execute large-scale upfront investments in Capex and R&D. Additionally, despite strong pressure from Japanese competitors, it succeeded in turning the carbon fiber division profitable in the second half of last year. With the normalization of demand for aviation use and an expected production capacity of around 10,000 tons in 2022-2023, the company's market capitalization is projected to rise significantly compared to the current level." He set the target price for Hyosung Advanced Materials at 300,000 KRW.


Over the past five days, individual investors have net sold 75,493 shares of Hyosung Advanced Materials, while foreigners and institutions have net bought 65,579 shares and 17,658 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


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