Hanwha Solutions, "No Concern, No Opportunity" Stock Price 18,550 Won (1.09%)

Hanwha Solutions is trading at 18,550 KRW as of 10:38 AM on the 10th, up 1.09% from the previous day. The trading volume is 2,556,685 shares, which is 24.27% of the previous day's volume. Hanwha Solutions is known as a manufacturer and seller of petrochemical products such as caustic soda and PVC.

On June 10, Seungjae Han, a researcher at DB Financial Investment, stated, "1) Due to the rapid decline in product prices, solar power has become the most competitive among power generation sources, 2) The U.S. solar market, where the highest efficiency products are sold, is expected to strongly rebound with the recovery from COVID-19, 3) The steep wafer expansion centered on Longi in the future could lead to cost benefits for Hanwha Solar, 4) The renewable energy policy momentum may arise after the U.S. presidential election, which cannot be ruled out. As experienced in 1Q20, the possibility of a solar profitability surprise should still be kept open." He set the target price for Hanwha Solutions at 27,000 KRW.

Over the past five days, individual investors have net purchased 1,591,437 shares of Hanwha Solutions, while foreigners and institutions have net sold 525,143 shares and 1,084,651 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.