Hanwha Solutions, Stock Price +1.78% at This Hour... 754,216 Shares Net Sold by Individuals in Last 5 Days

Hanwha Solutions is trading at 48,550 KRW as of 12:31 PM on the 29th, up 1.78% from the previous day. The trading volume is 1,561,937 shares, which is about 62.18% 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 March 25, Kiwoom Securities researcher Dongwook Lee stated, "According to IHS, strong demand and limited new capacity expansions are expected to drive an upcycle for PVC. Last year, due to COVID-19, the global PVC operating rate dropped to 78%, but it is expected to sharply rise to 81% this year and 90% by 2025. For reference, the company's consolidated PVC production capacity (including its Chinese subsidiary) is 1.13 million tons, ranking it among the top 12 PVC producers worldwide. Meanwhile, LDPE is also expected to maintain a strong market condition until next year due to tight supply of its co-product EVA and restrictions on large-scale capacity expansions," and set Hanwha Solutions' target price at 68,000 KRW.

Over the past five days, individual investors have net sold 754,216 shares of Hanwha Solutions, while foreign investors and institutions have net bought 55,970 shares and 691,364 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.