Hanwha Solutions, 1,792,778 Shares Net Sold by Individuals in Last 5 Days... Stock Price 47,750 KRW (-2.75%)

As of 10:30 AM on the 13th, Hanwha Solutions is trading at 47,750 KRW, down 2.75% from the previous day. The trading volume is 2,519,229 shares, which is about 42.76% 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 7th, Hansangwon, a researcher at Daishin Securities, stated, "The solar power division is also expected to see a slight increase in operating profit (OP +16% QoQ): After the demand contraction phase following COVID-19, a gradual recovery is expected with a simultaneous rebound in production and sales volume. Considering the stock price drop of Nikola (-70% from its peak), the impairment of equity value is only about 280 billion KRW, so concerns related to Nikola fraud allegations are judged to be sufficiently reflected in the stock price. Regarding the solar downstream business, a downward revision from the existing plan (annual sales of 600 billion KRW) is inevitable, and although it is difficult to predict the exact timing of performance recognition, given that it is an order-based business, this is a matter of timing rather than existence," and set Hanwha Solutions’ target price at 65,000 KRW.

Over the past five days, individual investors have net sold 1,792,778 shares of Hanwha Solutions, while foreigners and institutions have net bought 343,186 shares and 1,495,117 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.