[특징주] Kia Motors’ 52-week report breaks through the production of Apple cars

[서울=뉴스핌] Reporter Baek Ji-hyun = Kia Motors showed an increase of 20% during the day as news that it will be in charge of producing Apple’s self-driving car, aka’Apple Car’. Other Hyundai Motor Group stocks are also showing a sharp rise.

Among the group stocks, Kia Motors’ rise is the most prominent. According to the Korea Exchange on the 20th, Kia Motors is trading at 92,400 won, a 10.79% increase from the previous day’s closing price at 9:35 am. Kia Motors set a 52-week report price, soaring to 95,500 won in 5 minutes after opening. Last night, after-hours trading was shaken as the news that Hyundai Motor Group had decided to take over the production of Apple cars internally by Kia.

[서울=뉴스핌] Reporter Baek Ji-hyun = Kia Motors stock price trend over 10 years [캡쳐=네이버 금융] 2021.01.20 [email protected]

At the same time, Hyundai Motor Company is trading at 263,500 won, up 0.76%. At the beginning of the market, it also rose to 5.93%. Hyundai Motor, which surged on the news of the Apple Car cooperation on the 11th, is continuing the upward trend again after receiving adjustments.

Hyundai Wia is trading at 95,400 won, up 7.67%. As Hyundai Wia decided to win an order for a thermal management module for e-GMP, a platform dedicated to electric vehicles, its mid- to long-term valuation is expected to be high. NH Investment & Securities researcher Cho Soo-Hong said, “The market confidence in the new business plan was not high. Therefore, the expectation from the visibility of new business results rather than short-term earnings outlook will enable the valuation to recover to book value.”

In addition, Hyundai Mobis rose 1.01% and Hyundai BNG Steel rose 1.15%.

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