As of 2:30 PM on the 11th, LG Chem is trading at 810,000 KRW, down 0.86% from the previous day. The trading volume is 240,222 shares, which is about 39.58% of the previous day's volume. LG Chem is known as a specialized company in petrochemical products and electronic materials.


On December 8, NH Investment & Securities researcher Hwang Yusik stated, "On December 1, LG Energy Solution (newly established) was launched through the physical division of the battery sector. Overseas secondary battery production corporations have been incorporated as subsidiaries of the new corporation. The secondary battery joint ventures are expected to be developed centered on the new corporation. In the case of the materials business, LG Chem (the surviving company) is expected to lead proactively, enabling organic cooperation between the new and subsidiary corporations in the future. The market dominance in secondary batteries is expected to be significantly strengthened. For 2021, the petrochemical sector is expected to show a high-low pattern, while the battery business is expected to show a low-high trend by business segment." He set LG Chem's target price at 1,100,000 KRW.


Over the past five days, individual investors have net purchased 174,487 shares of LG Chem, while foreigners and institutions have net sold 98,298 shares and 69,750 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated 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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