Hanwha Solutions, Current Stock Price -4.18%... Foreigners Net Buy 1,325,915 Shares in Last 5 Days

As of 12:30 PM on the 25th, Hanwha Solutions is trading at 35,550 KRW, down 4.18% from the previous day. The trading volume is 4,317,298 shares, which is 48.86% 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 September 22, Seungjae Han, a researcher at DB Financial Investment, stated, "We still believe that Hanwha Solutions' solar power segment is in a valuation re-rating phase, and with improving demand in the U.S., there is potential for a performance surprise in the solar power division for 2021 and 2022. Additionally, as profits in the chemical sector, centered on PVC, are also improving significantly, the overall corporate profit strength is being reinforced. Although expectations for Nikola-related sales after 2023 have weakened, this does not overshadow the structural market improvement trend through 2022. While short-term adjustments are regrettable, they should be seen as an opportunity to increase holdings." He set the target price for Hanwha Solutions at 50,000 KRW.

Over the past five days, individual investors have net sold 729,905 shares of Hanwha Solutions, while foreigners and institutions have net bought 1,325,915 shares and net sold 596,808 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.