As of 2:30 PM on the 12th, Hanwha Solutions is trading at 48,800 KRW, down 0.1% from the previous day. The trading volume is 5,187,061 shares, which is about 38.36% 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 October 6, Kang Dong-jin, a researcher at Hyundai Motor Securities, stated, "Even if President Trump is re-elected, the solar power industry is expected to proceed smoothly. If candidate Biden wins, growth will strengthen. Nikola’s effective equity stake reflected in the company is about 1%, so its proportion in market capitalization is negligible. The fact that solar power and water electrolysis technologies are the most important in hydrogen upstream remains unchanged. If world-class solar technology is combined with water electrolysis technology, there will be sufficient business opportunities even without Nikola. There is still expectation for multiple revaluation due to mid- to long-term business structure changes." He set the target price for Hanwha Solutions at 65,000 KRW.


Over the past five days, individual investors have net sold 1,145,735 shares of Hanwha Solutions, while foreigners and institutions have net sold 305,497 shares and net bought 1,342,833 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


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