[특징주]’There’s nothing decided yet… ‘Kia Motors Speeding

Even soaring the upper limit for overtime

Stock price rises by 17%

On the 15th, a signboard with the new logo is hanging at the Kia headquarters building in Yangjae-dong, Seoul. Kia announced its new brand orientation and future strategies for sustainable mobility solutions at the New Kia Brand Showcase held online today. /Photo provided = Kia

Hyundai Motor (005380)Group-related stocks are soaring day after day on news of’Apple Car’ collaboration. Although the Hyundai Motor Group has yet to make a decision regarding Apple cars, it is analyzed that investors are rushing to expectations.

As of 9:04 am on the 20th, in the stock market Kia Motors (000270)Is trading at 98,100 won, up 17.63% from the previous trading day. At the same time, Hyundai Motor Company is also trading at 272,500 won, up 4.21%. Kia Motors soared to the upper limit in overtime trading before the market started. The initial price was decided late as investors ordered. As the Apple car-related cooperation became visible, Kia Motors’ share price soared more than 16% the previous day.

On the previous day, a domestic media reported that among the affiliates of the Hyundai Motor Group, Kia, not Hyundai Motor, is expected to take over the collaboration with Apple.

However, on the previous day, Kia said, “We are receiving requests for cooperation in joint development related to autonomous electric vehicles from a number of companies, but it has not been decided in the initial stage.”
/ Reporter Shin Hanna [email protected]

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