HD Hyundai Heavy Industries Draws Attention as Investors Shift From Samsung Electronics

HD Hyundai Heavy Industries is drawing attention in the Korean stock market as some retail investors move funds from Samsung Electronics. According to the original report, one investor sold part of a Samsung Electronics position about a month ago and bought HD Hyundai Heavy Industries. After the share price rose, a recent decline linked to labor union issues was viewed by that investor as another opportunity. JPMorgan said Korean union strikes could be a buying opportunity. The report also introduced the market phrase calling HD Hyundai Heavy Industries the “Nvidia of shipbuilding.” The article is limited to the investor example and brokerage view. Source: quoted from mk.co.kr.