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Daiwa Capital Markets: Korean Auto Stocks Present Undervaluation
1 day ago /
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Author：小编
On July 4, analysts Henny Jung and Yoonki Bae from Daiwa Capital Markets published a report highlighting that Korean automotive stocks are currently undervalued. The report notes that the market has overlooked the solid fundamentals and untapped potential of these stocks in the realm of physical AI. The incoming government's ambitious plan to invest 100 trillion Korean won in AI and expand related infrastructure is poised to expedite the commercialization of autonomous driving and humanoid robots by the Hyundai Motor Group. Consequently, they recommend Hyundai Motor and its parts subsidiary, Hyundai Mobis, as the top selections within the Korean automotive industry.
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