[Featured Stock] 'Hanwha Solutions' Up Over 4% on Expectations of Rising US Solar Module Prices'
Amid expectations of sanctions against Chinese solar companies following the launch of the second term of the Trump administration, Hanwha Solutions, which has completed its U.S. localization strategy, is seeing its stock price rise.
As of 9:15 a.m. on the 16th, Hanwha Solutions was trading at 18,690 won, up 800 won (4.47%) from the previous trading day.
On the same day, Yoon Jae-sung, a researcher at Hana Securities, stated, "Hanwha Solutions' operating profit for the fourth quarter of last year is expected to turn positive to 29.2 billion won compared to the previous quarter," adding, "This is because the solar segment's operating profit exceeded expectations at 72.3 billion won."
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He further added, "Module imports in the U.S. are rapidly declining, and with the imposition of anti-dumping and countervailing duties (AD·CVD) on China, a rise in U.S. module prices is imminent."
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