By Yi Whan-wooThe Korean stock market appears to be unnerved by the prospect of former U.S. President Donald Trump emerging as a potential Republican presidential candidate. This apprehension stems from his skepticism toward green campaigns, which many Korean businesses leverage for profit. Trump achieved a resounding victory over his Republican competitor, Nikkei Haley, in the New Hampshire primary on Tuesday (local time). Concerning renewable energy stocks, market observers are downgrading the outlooks with the possibility of Trump’s return to presidency. The corresponding companies are Hanwha Solutions, HD Hyundai Energy Solutions, OCI – all of them solar companies.

Source: The Times January 24, 2024 14:57 UTC