As of 2:30 PM on the 21st, Hanwha Solutions is trading at 56,600 KRW, down 1.05% from the previous day. The trading volume is 3,053,341 shares, which is 69.76% 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 January 21, Jinmyung Lee, a researcher at Shinhan Financial Investment, stated, "The spread improvement of major products (PVC, LDPE, etc.) due to the global economic recovery is expected to continue, leading to strong earnings. The demand surge driven by global eco-friendly policies is expected to sustain the expansion of module sales. With the reflection of downstream (power plant) performance, the contribution to profits will gradually increase. Due to high-efficiency module production and downstream expansion, solar power operating profit and profitability in 2022 are expected to be 496.8 billion KRW (+57%) and 9.7% (+2.6 percentage points), respectively." He set the target price for Hanwha Solutions at 70,000 KRW.
Over the past five days, individual investors have net purchased 183,364 shares of Hanwha Solutions, while foreigners and institutions have net sold 73,597 shares and 86,903 shares, respectively.

※Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an article automation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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