Hantoo "Hyundai·Kia Motors, Now Is a Buying Opportunity"
[Asia Economy Reporter Hwang Junho] Korea Investment & Securities raised its investment opinion to overweight for Hyundai Motor, Kia Motors, and Hyundai Mobis on the 8th.
On the 8th, Hyundai Motor, Kia Motors, and Hyundai Mobis officially announced the suspension of discussions with Apple regarding autonomous electric vehicles, which caused their stock prices to plunge. However, this is mainly due to profit-taking, and the adjustment should rather be seen as a buying opportunity. Additionally, it is expected that the fundamentals will be further highlighted through Kia Motors' CEO Investor Day scheduled for the 9th.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051914165468840_1779167814.png)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- Domestic Banks' Q1 Net Profit at 6.7 Trillion Won...Down 3.9%
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
On the 8th, Hyundai Motor, Kia Motors, and Hyundai Mobis stated in a disclosure, "We are reviewing collaborations with multiple overseas companies related to the autonomous electric vehicle business, but nothing has been decided yet. We are not currently in discussions with Apple regarding autonomous vehicle development." A month ago, they disclosed that they were reviewing collaborations with multiple overseas companies, but by specifically mentioning Apple, they implied the suspension of discussions.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
