Hanwha Solutions, Stock Price +1.32% at This Time... Institutional Investors Net Buy 694,491 Shares in Last 5 Days

Hanwha Solutions is trading at 23,100 KRW as of 10:30 AM on the 15th, up 1.32% from the previous day. The trading volume is 1,982,611 shares, which is 28.17% 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 July 14, Samsung Securities researcher Cho Hyun-ryeol stated, "The current market capitalization of Nikola, a hydrogen car company listed on the Nasdaq in June, is 23.5 trillion KRW. Hanwha Group holds 3.07% stakes each in Nikola through Hanwha Energy and Hanwha General Chemical. Since Hanwha Solutions owns 36.1% of Hanwha General Chemical, the company's exposure to Nikola shares is 1.1%, valued at 259 billion KRW based on the current stock price. The company shows a willingness to enter the hydrogen-related business in the mid to long term. There is demand recovery in the US solar market in 2H20 and policy expectations for renewable energy." He set the target price for Hanwha Solutions at 27,000 KRW.

Over the past five days, individual investors have net sold 672,557 shares of Hanwha Solutions, while foreigners and institutions have net sold 47,875 shares and net bought 694,491 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an article automatic 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.