As of 10:31 AM on the 18th, L&F is trading at 70,400 KRW, down 1.81% from the previous day. The trading volume is 1,221,520 shares, which is 26.31% of the previous day's volume. L&F is known as a manufacturer of cathode active materials and related materials for secondary batteries.


On December 16, Kim Junhwan, a researcher at Hanwha Investment & Securities, stated, "The recently announced new NCMA expansion volume of 50,000 tons by L&F is a high-end product with a nickel content of over 90%, and it is scheduled to be installed in cylindrical batteries. It will become a major supplier to Tesla. L&F's NCMA capacity expansion plan has been accelerated at the request of customers. In the case of competitors, the valuation rerating phase, which unfolded after securing mid- to long-term volumes with customers, is highly likely to apply to L&F as well." He set L&F's target price at 80,000 KRW.


Over the past five days, individual investors have net purchased 367,660 shares of L&F, while foreigners and institutions have net sold 13,100 shares and 258,729 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


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