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Hanwha market capitalization rises 33.9% after spin-off as target price increases

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  • SK Securities raised Hanwha’s target price to ₩170,000 while maintaining a Buy rating.
  • 33.9%: Combined market capitalization increased from ₩5.9 trillion to ₩7.9 trillion.
  • Hanwha’s spin-off separated defense and energy operations from retail and services businesses.
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Hanwha market capitalization rises 33.9% after spin-off as target price increases - CoinPost Terminal