[Featured Stock] Hyundai Motor Parts Supplier Guyeong Tech Soars

[Asia Economy Reporter Park Soyeon] Guyeong Tech, a supplier of parts to Hyundai Motor Group, is soaring.

As of 9:37 AM on the 20th, Guyeong Tech was trading at 2,985 KRW, up 25.16% from the previous day.

Guyeong Tech supplies parts to Hyundai Motor and Kia factories in Georgia.

The stock price of Guyeong Tech is believed to have been affected by news that it may collaborate with Kia on the production of Apple's autonomous vehicle, Apple Car.