On August 10, Hana Financial Investment researchers Seongbong Park and Dohyun Kim stated, "Despite the sharp decline in passenger demand due to COVID-19, it has been confirmed through the second-quarter earnings that stable profitability can be secured through the strong performance of the cargo sector. At the same time, movements to secure short-term liquidity through rights offerings, asset sales, and government support are also judged to be positive." They set the target price for Korean Air at 28,000 KRW.
Over the past five days, individual investors have net sold 1,307,395 shares of Korean Air, while foreign investors and institutions have net bought 731,505 shares and 904,698 shares, respectively.

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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