PV stocks rise against the market, as of press time, Flat Glass (06865) rose 8.97% to HKD 11.66; Xinyi Solar (00968) rose 4.42% to HKD 3.78; GCL Tech (03800) rose 2.75% to HKD 1.12.
According to the IPO news app, PV stocks are rising against the market. As of press time, Flat Glass (06865) rose 8.97% to HKD 11.66; Xinyi Solar (00968) rose 4.42% to HKD 3.78; GCL Tech (03800) rose 2.75% to HKD 1.12; Triumph New EN (01108) rose 2.72% to HKD 4.16.
On July 24, at the 2024 PV Industry Supply Chain Development (Wenzhou) Forum, the China Photovoltaic Industry Association issued six initiatives, including "strengthening the authoritative traceability capability of standard batteries" and "strengthening the comparative testing and technical exchanges of batteries between different enterprises." As of now, more than 10 PV companies, such as Longi Green Energy Technology, Trina Solar Co., Ltd., and Zhejiang Zhongtai Photovoltaic Technology Co., Ltd., have signed contracts. Some analysts believe that this move will not only help promote further innovation in PV technology, but also enhance the market competitiveness of PV products.
Pacific Securities believes that it values the opportunity for PV big bottom layout. At present, the prices of the upstream and midstream are basically bottoming out, and the enterprises are still under pressure to continue to lose money. The exit risk of the middle and tail parts of the industry chain is increasing. The main industry chain is expected to achieve a deep clearance in the second half of 2024, and the supply and demand are expected to be basically reshaped in 2025. Sinolink Securities pointed out that in June, the domestic and export demand for PV continued to be strong, and the structural high growth of emerging markets continued; large storage and large orders were signed, and the delivery of orders on hand was accelerated, and the global competitive landscape was significantly superior. The performance realization ability of leading enterprises is expected to continue to exceed expectations.