Hanon Systems, 1,191,707 Shares Net Bought by Individuals in Last 5 Days... Stock Price 17,150 KRW (+11.0%)

As of 12:31 PM on the 2nd, Hanon Systems is trading at 17,150 KRW, up 11.0% from the previous day. The trading volume is 6,146,988 shares, which is 355.78% of the previous day's volume. Hanon Systems is known as the leading manufacturer of automotive air conditioning products in Korea.

On February 25, analyst Seunghwan Lee of Daishin Securities stated, "Most of the company's eco-friendly vehicle sales are divided between Volkswagen and Hyundai Motor Group. Since the end of 2020, the sequential launch of dedicated electric vehicles equipped with Volkswagen's MEB platform, such as the ID.3, ID.4, and ID.5, is expected to increase related sales. From 2021, the United States is entering the electric vehicle market in earnest, making not only Europe and China but also the U.S. a key region in the electric vehicle market. Consequently, an increase in eco-friendly vehicle sales is anticipated to benefit the company." He set Hanon Systems' target price at 19,000 KRW.

Over the past five days, individual investors have net purchased 1,191,707 shares of Hanon Systems, while foreign investors and institutions have net sold 1,035,981 shares and 148,957 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

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