Hanwha Solutions is trading at 44,650 KRW as of 12:30 PM on the 14th, down 3.67% from the previous day. The trading volume is 5,667,615 shares, which is about 70.04% 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 Kang Dong-jin and Jo Jun-woo 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. The company has strong potential to become the most competitive player in the hydrogen upstream sector." They set Hanwha Solutions’ target price at 65,000 KRW.


Over the past five days, individual investors have net purchased 3,064,545 shares of Hanwha Solutions, while foreign investors and institutions have net sold 549,879 shares and 2,463,857 shares, respectively.


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※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.


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