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Hyundai Motor Co. Ltd. 1Q Consolidated Rev KRW40.659T Vs KRW37.770T
Hyundai Motor Co. Ltd. 1Q Consolidated Rev KRW40.659T Vs KRW37.770T
Hedge funds that accurately avoided the sharp decline in chip stocks embrace “strong dollar” beneficiaries: export-oriented car companies
Fibonacci Asset withdrew its positions with Samsung Electronics and SK Hynix last week due to risk, and the depreciation of the won is expected to benefit export-oriented companies such as Hyundai and Kia Motors. The hedge fund company, which accurately predicted when the South Korean chip giant's stock price plummeted, emphasized that South Korean automakers Kia and Hyundai may be one of the “strong dollar” beneficiaries.
Hyundai Motor Company Logs Decline in March Sales
Hyundai Motor Company (HYUD.L, HYU.F) said Tuesday its total sales for March fell 3.7% year over year to 369,132 units.
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