Amidst the rising share prices in Korea’s banking sector, the capital soundness of Hanawell Financial is being strengthened and expectations of a wider share price rebound are accelerating. Recently, as the dollar‑to‑won exchange rate has fallen, the CET1 (Core Equity Tier 1) yield has improved, giving financial firms higher financial stability; this in turn has brought greater attention to the capital soundness of Hanawell Financial.
In a report released on the 2nd, Shinhan Securities’ research committee raised its target for Hanawell shares from KRW 150,000 to KRW 160,000, forecasting a 6.7% increase. Along with that, researcher Eung‑Kyung‑wan of Shinhan Securities opined that “Hanawell shares are recommended as the best choice in the banking industry.”
Such analysis not only lifts Hanawell’s financial soundness but also boosts market sentiment. Investors note that at this juncture Hanawell is likely to improve its yield and expand capital returns.
(※ The content of this article is copyrighted by Korea Economic Daily; it may not be redistributed, reproduced, publicly displayed, or used for commercial purposes without permission. Service use may be restricted in accordance with copyright law.)