Hana Securities: Hyundai Wia to Expand Future Business Investment via Defense Divestment... Target Price Cut 14%
High impactPredicted impact: High
Defense unit divestment valued around ₩480B, about 36% of the ₩1.32T market value.
Knock-on:HL MandoHYUNDAI WIA supplier; moved with HYUNDAI WIA on 19 of its 19 biggest daysHyundai AutoeverSame group as HYUNDAI WIA (Hyundai Motor); moved with HYUNDAI WIA on 17 of its 20 biggest daysHyundai SteelSame group as HYUNDAI WIA (Hyundai Motor); moved with HYUNDAI WIA on 17 of its 20 biggest days