"Leading Industries After Trump's Election to Emerge at the Intersection of Eco-Friendly, Reshoring, and China Sanctions"

Hanwha Investment & Securities forecasted on the 7th that the leading sectors after former U.S. President Donald Trump's re-election will emerge at the intersection of eco-friendly industries, reshoring, and China sanctions.

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Trump won the 47th U.S. presidential election held on the 5th (local time), returning to the White House after four years. Accordingly, Seungyoung Park, a researcher at Hanwha Investment & Securities, stated, "In fact, the direction of the domestic stock market will not change depending on who becomes the U.S. president," adding, "We should focus on what will remain unchanged regardless of who wins."

Researcher Park explained, "Since the financial crisis, the U.S. has consistently pursued a transition to eco-friendly energy, manufacturing reshoring, and sanctions against China," and added, "Although it was expected that the energy transition to eco-friendly sources would slow immediately after Trump's election, the share of solar and wind power generation increased from 1.0% to 1.5% during his term. Also, although there were expectations that China sanctions would ease after Biden's election, China's share in U.S. imports dropped from 18% to 14% over the past four years."

He further projected that the KOSPI will remain in a trading range until the first quarter of 2025. Researcher Park said, "It seems necessary to adjust expectations for next year's earnings, so a cautious approach is recommended until that process is completed," and observed, "The earnings of domestic companies sensitive to the global economy will gradually improve from the first quarter of next year as the bottom, and the stock index's bottom will also be around April."

He added, "Going forward, the leading sectors will be derived from the intersection of eco-friendly industries, reshoring, and China sanctions," and noted, "With Trump's election, investments by domestic companies in the U.S. will become more concrete, and among them, there will be leading stocks."

This content was produced with the assistance of AI translation services.