As of 9:30 AM on the 3rd, Hanon Systems is trading at 17,200 KRW, down 0.58% from the previous day. The trading volume is 467,956 shares, which is about 5.96% 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 from 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 it a key region alongside Europe and China. 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 791,611 shares of Hanon Systems, while foreign investors and institutions have net sold 565,780 shares and 234,704 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro
※ 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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