Naver Likely to Benefit From South Korea's AI Initiatives -- Market Talk

Dow Jones

2025/06/19

0416 GMT - Naver is likely to benefit from South Korea's government-led artificial-intelligence initiatives, HSBC analyst Junhyun Kim writes in a note. The South Korean internet platform company is expected to play a key role in the government's AI infrastructure build-out, as a former Naver executive has been appointed as a senior presidential aide for AI policy, Kim says. The analyst also points to Naver's track record of successfully bidding for AI projects in South Korea, Saudi Arabia and Thailand. He remains positive about Naver's capability to operate large-scale data centers. HSBC raises the stock's target price by 7.1% to KRW300,000 and keeps a buy rating. Shares are 4.3% higher at KRW254,000. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

June 19, 2025 00:16 ET (04:16 GMT)

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The South Korean internet platform company is expected to play a key role in the government's AI infrastructure build-out, as a former Naver executive has been appointed as a senior presidential aide for AI policy, Kim says. The analyst also points to Naver's track record of successfully bidding for AI projects in South Korea, Saudi Arabia and Thailand. He remains positive about Naver's capability to operate large-scale data centers. HSBC raises the stock's target price by 7.1% to KRW300,000 and keeps a buy rating. Shares are 4.3% higher at KRW254,000. 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The South Korean internet platform company is expected to play a key role in the government's AI infrastructure build-out, as a former Naver executive has been appointed as a senior presidential aide for AI policy, Kim says. The analyst also points to Naver's track record of successfully bidding for AI projects in South Korea, Saudi Arabia and Thailand. He remains positive about Naver's capability to operate large-scale data centers. HSBC raises the stock's target price by 7.1% to KRW300,000 and keeps a buy rating. Shares are 4.3% higher at KRW254,000. (kwanwoo.jun@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 19, 2025 00:16 ET (04:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00005","symbol_name":"滙豐控股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2544679139","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544679139","pubTimestamp":1750306560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0416 GMT - Naver is likely to benefit from South Korea's government-led artificial-intelligence initiatives, HSBC analyst Junhyun Kim writes in a note. The South Korean internet platform company is expected to play a key role in the government's AI infrastructure build-out, as a former Naver executive has been appointed as a senior presidential aide for AI policy, Kim says. The analyst also points to Naver's track record of successfully bidding for AI projects in South Korea, Saudi Arabia and Thailand. He remains positive about Naver's capability to operate large-scale data centers. HSBC raises the stock's target price by 7.1% to KRW300,000 and keeps a buy rating. Shares are 4.3% higher at KRW254,000. 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The South Korean internet platform company is expected to play a key role in the government's AI infrastructure build-out, as a former Naver executive has been appointed as a senior presidential aide for AI policy, Kim says. The analyst also points to Naver's track record of successfully bidding for AI projects in South Korea, Saudi Arabia and Thailand. He remains positive about Naver's capability to operate large-scale data centers. HSBC raises the stock's target price by 7.1% to KRW300,000 and keeps a buy rating. Shares are 4.3% higher at KRW254,000. 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