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HD Hyundai Heavy Industries
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Hyundai Heavy Industries IPO Valuation Analysis
Equity Capital Markets
311 Views
15 Aug 2021 14:28
Our base case valuation of Hyundai Heavy Industries is 66,573 won per share, which is 11% higher than the high end of the IPO price range of 60,000 won per share. We have a NEGATIVE view of this IPO.
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