Hanwha Solutions is trading at 23,300 KRW as of 10:20 AM on the 17th, down 1.69% from the previous day. The trading volume is 854,872 shares, which is about 33.25% 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 15, analyst Noh Woo-ho from Meritz Securities stated, "Global solar installation demand is expected to remain within the previous forecast range (120~130 GW). This is supported by demand effects due to shifts in renewable energy policies by country. (1) The EU's 2050 carbon neutrality policy, (2) South Korea's Green New Deal policy (as part of renewable energy investments, solar and wind installations are expected to expand from 12.7 GW in 2020 to 113 GW by 2025), and other expanding eco-friendly policies create a favorable environment for the growth of the company's solar division." He set the target price for Hanwha Solutions at 25,000 KRW.

Over the past five days, individual investors have net sold 253,813 shares of Hanwha Solutions, while foreign investors and institutions have net sold 253,530 shares and net bought 421,188 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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