[특징주] Hyundai Movex highlights Naver Neom City related stocks… 12% ↑
Hyundai Movex rises as Naver’s visit to Saudi Arabia is highlighted as a related stock.
At 9:21 am on the 2nd, Hyundai Movex is trading at 3615 won, up 375 won (11.57%) from the previous trading day.
The buying trend is believed to have been driven by the fact that Hyundai Movex supplied ‘ROBOPORT’, a new concept inter-floor robot transport system, to Naver (KS:) new building ‘1784’ in April. Roboport is the world’s first robot-only elevator that moves service robots between floors, and was developed in collaboration with Hyundai Movex, Naver Labs, and Naver.
Hyundai Movex also draws attention as a related stock on the news that Naver is entering the Saudi Arabian market, where it is preparing for a super-large smart city project.
According to the news source, Naver and ESG foreign policy CEO Chae Seon-joo will accompany Land, Infrastructure and Transport Minister Won Hee-ryong’s visit to Saudi Arabia earlier this month. Naver Labs and Naver Cloud executives will also join the event.
Minister Won Hee-ryong chose Saudi Arabia for his first foreign trip to win orders for projects such as Neom City. Neom City is a low carbon smart city construction project that Saudi Arabia will build 44 times the size of Seoul (26,500 km2) in the desert and mountainous areas near the Red Sea.
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