Hanwha Solutions, Current Stock Price -5.48%... Institutional Investors Net Sold 615,393 Shares in Last 5 Days

As of 10:30 AM on the 23rd, Hanwha Solutions is trading at 36,200 KRW, down 5.48% from the previous day. The trading volume is 3,751,894 shares, which is 46.71% 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 21, KB Securities researcher Baek Young-chan stated, "Performance improvement is expected to continue in 2021. The chemical business is anticipated to experience a boom phase with both prices and spreads rising during the economic recovery phase. The solar power business is expected to benefit from increased profitability through downstream (solar power generation business) investments and growing demand for residential solar installations in the US and Europe. Additionally, it is judged that entry into the power system business for long-term green hydrogen policies will begin. The year 2021 is expected to be a period of expanding investments for long-term growth alongside performance improvement." He set the target price for Hanwha Solutions at 52,000 KRW.

Over the past five days, individual investors have net sold 54,768 shares of Hanwha Solutions, while foreigners and institutions have net bought 599,721 shares and net sold 615,393 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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