Flat Glass (06865) fell more than 3%. As of the publication, it fell 1.20%, at HK$11.54, with a turnover of HK$22.6765 million.
According to the Zhītōng Cáijīng App, Flat Glass (06865) fell more than 3%. As of the publication, it fell 1.20%, at HK$11.54, with a turnover of HK$22.6765 million.
In terms of news, MSCI will soon announce the results of the quarterly index review on August 16. The MSCI Chinese Index added 2 stocks and removed 60 stocks. Among the removed index stocks, there were 5 H-shares listed in Hong Kong, including Flat Glass.
In addition, China Securities Co., Ltd. pointed out that since April 2024, the inventory days of photovoltaic glass have been continuously increasing, now exceeding 30 days, surpassing the highest point in recent years. This is mainly due to the continuous decline in module production since May, resulting in a decrease in demand for photovoltaic glass. The price increase of photovoltaic glass at the end of March stimulated the ignition of about 7,000 t/d of new production capacity for photovoltaic glass, and production began to be gradually released from June onwards.