Shares of automaker Hyundai Motor rose again on Monday following a local media report that the firm and Apple are set to sign a partnership deal on autonomous electric cars, according to Reuters.
Hyundai Motor shares soared 6.71% while Kia Motors also jumped more than 1%. Hyundai Mobis and Hyundai Glovis, however, fell more than 2% each. Shares of Hyundai Motor popped more than 19% on Friday following an initial report surrounding the Apple deal.
China’s producer price index fell 0.4% in December as compared to a year earlier, according to the country’s Bureau of Statistics. That was a smaller decline than the 0.8% fall expected in a median forecast of a Reuters poll. Meanwhile, China’s consumer price index rose 0.2% year-on-year in December, against expectations of a 0.1% increase in a Reuters poll.