[Infostock Daily= Reporter An Hoe Hyun] SK Securities judged on the 21st that the effect of Hanwha Solutions’ stock price rise has not yet been reflected in Hanwha. As a result, the company maintained its investment opinion 'Buy' and target stock price of 31,000 won, believing that it could expect a rise in the stock price of the holding company in the future.
"The rise in stock prices of major subsidiaries such as Hanwha Solutions and Hanwha Life Insurance among Hanwha's subsidiaries is expected to spread to holding companies," the company analyzed, adding, "In particular, Hanwha Solutions, which accounts for nearly 50% of its subsidiaries' value, saw its stock price rise 145% compared to the beginning of the year, but Hanwha's stock price rose only 5.6%."
"As its own business is also doing well compared to the previous year, the rise in subsidiary stock prices is expected to gradually lead to a rise in holding companies' stock prices," the company added.
Reporter An Hoe Hyun ahh@infostock.co.kr
