As of 10:30 AM on the 3rd, Hyosung TNC is trading at 430,000 KRW, up 3.37% from the previous day. The trading volume is 97,748 shares, which is about 18.26% of the previous day's volume. Hyosung TNC is known as a manufacturer and trader of chemical fibers.


On February 1st, analyst Lee Anna from Ebest Investment & Securities stated, "Due to COVID-19, the time spent at home has increased with remote work, leading to a surge in demand for homewear and athleisure wear. In 2021, the company completed capacity expansions in Turkey and Brazil, and plans to complete investment in its Ningxia, China subsidiary in the first half of the year, aiming to solidify its number one position in the rapidly growing spandex market. The company’s eco-friendly fiber brand ‘Regen’ is rapidly gaining large clients, following ‘Osprey’ with ‘The North Face’." She set the target price for Hyosung TNC at 475,000 KRW.


Over the past five days, individual investors have net purchased 150,132 shares of Hyosung TNC, while foreigners and institutions have net sold 71,722 shares and 67,237 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 financial AI specialist Thinkpool.


This content was produced with the assistance of AI translation services.

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