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Shares of Hanwha Solutions and OCI Holdings jump over 8% amid U.S.-China solar trade tensions

Market News
22 Sep 2026
CNBC
View Source
Bullish
Shares of Hanwha Solutions and OCI Holdings jump over 8% amid U.S.-China solar trade tensions

Shares of South Korean solar firms Hanwha Solutions and OCI Holdings rose more than 8% as U.S. restrictions on Chinese solar products remain firm ahead of the Trump-Xi summit. Analysts say the U.S. is unlikely to ease these restrictions due to solar energy's growing role as a strategic national security asset. The companies benefit from U.S. trade policies aimed at supporting domestic solar manufacturing and limiting Chinese imports. This dynamic highlights the increasing importance of solar in global supply chains and national security discussions.

South Korean solar stocks are in focus as U.S. restrictions on Chinese solar products remain firm. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Sep 23, 2026 08:01 WIB: Of 38 priced US stocks, 27 rose and 11 fell. Notable movers include ALB (Albemarle Corp.) at USD 116.90 with a 3.52% increase and 100% buy order activity, NEM (Newmont Corporation) at USD 127.12 up 3.31% with 59% buy orders, and FCX (Freeport-McMoRan Inc) at USD 74.41 rising 3.16% but with 92% sell orders.

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