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港股异动 | 光伏股全线高开 光伏行业协会倡议初显成效 机构称提高电耗标准等政策有望出台

Hong Kong stocks abnormal movement | Photovoltaic stocks opened higher across the board, the Photovoltaic Industry Association's initiative is showing initial results, institutions say policies such as raising power consumption standards are expected to b

Zhitong Finance ·  Oct 29 09:28

Photovoltaic stocks opened higher across the board. As of the time of publication, Xinte Energy (01799) rose by 14.87%, to 11.74 Hong Kong dollars; GCL Tech (03800) rose by 14.62%, to 1.96 Hong Kong dollars; Xinyi Solar (00968) rose by 10%, to 4.4 Hong Kong dollars; Flat Glass (06865) rose by 9.55%, to 17.2 Hong Kong dollars.

According to the WiseMoney APP, photovoltaic stocks opened higher across the board. As of the time of publication, Xinte Energy (01799) rose by 14.87%, to 11.74 Hong Kong dollars; GCL Tech (03800) rose by 14.62%, to 1.96 Hong Kong dollars; Xinyi Solar (00968) rose by 10%, to 4.4 Hong Kong dollars; Flat Glass (06865) rose by 9.55%, to 17.2 Hong Kong dollars.

On the news front, the China photovoltaic industry association previously stated that bidding below the cost price for photovoltaic components is suspected of being illegal, and disclosed the lowest cost price of 0.68 yuan/W. Huachuang Securities pointed out that on October 22, 2024, the bidding for the photovoltaic component frame agreement for Zhongtian Energy began, with a total quantity of 2.5GW of N-type TOPCon bifacial modules. The average bid price for the project was 0.694 yuan/W, with a quoted range of 0.675 to 0.722 yuan/W. The lowest price was not lower than the association's previously announced lowest bid price, showing some increase compared to the mid-September quotes, indicating the association's initiative is beginning to take effect.

Bocom International, on the other hand, pointed out that following severe losses, there has been a growing call in the industry for supply-side reforms. The bank expects the government to introduce policies such as raising electricity consumption standards to accelerate industry supply clearing and price recovery, amplifying the advantage of low electricity consumption in granular silicon. The bank stated that GCL Tech had a third-quarter net loss attributable to shareholders of 1.492 billion yuan, a decrease of 0.02 billion yuan from the previous quarter. The cash cost per ton of granular silicon (including R&D expenses) was 0.0332 million yuan, and despite a decrease in production capacity utilization, it still decreased by 0.002 million yuan compared to the previous quarter, demonstrating significant technological improvements.

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