(Jan 13): Hyundai Motor Co group stocks have added around US$24 billion (RM97.34 billion) in market value so far this month as investor excitement over robotics extends into the new year. Hyundai Motor shares trade at 8.3 times forward earnings estimates, below the benchmark Kospi’s 10 times. The big gains in Hyundai Motor stocks come as investors hunt for AI beneficiaries in the world of physical applications, with new share listings helping add to the frenzy. HD Hyundai Robotics Co, part of a separate Korean business group, has hired banks to work on a Seoul initial public offering. Hyundai Motor Group has said it has no concrete plan for an IPO of the US-based robotics firm, which it bought in 2020.

Source: The Edge Markets January 13, 2026 05:24 UTC