As of 9:30 AM on the 11th, Hanwha Solutions is trading at 48,550 KRW, down 1.42% from the previous day. The trading volume is 970,281 shares, which is about 13.56% 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 September 10, Hyundai Motor Securities researchers Dongjin Kang and Junwoo Cho stated, "The company’s solar power business is expected to continue evolving with the BTM business expanding downstream based on its No. 1 market share in residential and commercial sectors. The FTM business is also more profitable due to achieving Grid Parity in power sales. They are conducting R&D on next-generation solar cells, including N-Type TOPCon cells and perovskite. Recently, Nikola received an 11% equity investment from GM, increasing the visibility of the company’s hydrogen business. Hanwha Solutions has strong potential to become the most competitive company in the hydrogen upstream sector." They set a target price of 65,000 KRW for Hanwha Solutions.


Over the past five days, individual investors have net purchased 3,230,024 shares of Hanwha Solutions, while foreign investors and institutions have net sold 926,298 shares and 2,106,615 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


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


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing