Most PV stocks rose. As of press release, Xinyi Solar (01,799) rose 3.78% to HK$8.78; Xinyi Solar (00968) rose 2.58% to HK$3.58; and Xinyi Energy (03868) rose 2.5% to HK$0.82.
The Zhitong Finance App learned that most PV stocks rose. As of press release, Xinte Energy (01799) rose 3.78% to HK$8.78; Xinyi Solar (00968) rose 2.58% to HK$3.58; Xinyi Energy (03868) rose 2.5% to HK$0.82; and Fuyao Glass (03606) rose 1.05% to HK$52.7.
According to the news, the China Photovoltaic Industry Association will hold the “2024 Photovoltaic Industry Annual Conference” in Yibin City, Sichuan Province from December 4 to 6, 2024 to invite representatives from industry authorities, industry organizations, industry experts, and PV business leaders to discuss and analyze hot issues in industry development. At the same time as the conference, events such as a seminar on supporting development of the PV supply chain, a seminar on innovative PV application development, and various special conferences will also be held.
Haitong International pointed out that the industry as a whole is in the clean-up and adjustment stage. There may be fluctuations near the end of the year, but there is limited room for overall downsizing. The bottom of the price is already clear. The photovoltaic industry is returning to order at an accelerated pace. The current policy provides clear guidelines and measures for the photovoltaic industry in terms of production capacity and price. It is already a general trend to clear the industry and get rid of vicious competition at low prices. It is expected that prices will rise later. It is recommended to focus on the huge elasticity brought about by the bottom inflection point of photovoltaics.