Hyundai Motor Company, Hyundai Mobis, etc.
Most closely related to issues, only Kia is 1.6%↓
viewer
Share prices of Hyundai Motor Group companies that have plummeted due to the news of stopping discussions on autonomous electric vehicle cooperation with Apple Kia Motors (000270)Excluding, it rebounded after a day.
According to the Korea Exchange on the 9th, Hyundai Motor (005380)Ended the transaction at 236,500 won, up 1.07% from the previous day. During the intraday, it rose 2.78% to 240,500 won. Hyundai Mobis (012330)Wow Hyundai Autoever (307950)· Hyundai Glovis also closed the closing price, rising 1.09%, 6.56% and 0.50% compared to the battlefield, respectively. However, Kia Motors attempted to rebound by rising more than 2% during the intraday, but closed the deal at 84,900 won, down 1.62% from the previous price.
viewer
On the 8th, Hyundai Motor Company and Kia Motors announced through a public announcement that “there is no discussion with Apple on the development of autonomous vehicles.” Immediately after the news of the cessation of the Apple Car cooperation, the stock price of Hyundai Motor Group stocks literally plummeted. Kia Motors, which is known to have the closest cooperation relationship, plummeted 14.98%, and Hyundai Wia (-11.9%), Hyundai Mobis (-8.65%), Hyundai Motors (-6.21%), Hyundai BNG Steel (-4.46%), and Hyundai Auto Ever (-3.56%) and the like were also large. However, on this day, other related stocks except Kia Motors succeeded in rebounding at once.
Experts analyze that Hyundai Motor Group stocks rebounded in one day despite the bad news of the suspension of Apple car cooperation, as “there is no change in expectations for future growth and sound fundamentals.” Kim Jin-woo, a researcher at Korea Investment & Securities Co., said, “In the midst of Hyundai Motor Group’s enhancement of the multiple (PER) by strengthening the competitiveness of future cars, the Apple car became a catalyst and the time to increase the multiple was accelerated. This adjustment will be a buying opportunity.” NH Investment & Securities researcher Cho Soo-hong also said, “As expectations for the possibility of cooperation with Apple are high, short-term stock price volatility will expand, but we believe the long-term share price uptrend of Hyundai Motor Group will continue.
/ Reporter Kim Kyung-mi [email protected]
< 저작권자 ⓒ 서울경제, 무단 전재 및 재배포 금지 >