00868 XINYI GLASS
- 8.180
- -0.200-2.39%
XINYI GLASS News
Is There An Opportunity With Xinyi Glass Holdings Limited's (HKG:868) 50% Undervaluation?
Sinolink Securities: 'Destructive' innovation is the only way to break the current homogenization and internal loop of batteries and components.
In the context of severe product homogenization, differentiated products with significant cost-effectiveness advantages are almost the only way to break through the "crowding-out". By 2024, HJT and xBC technology industrialization have made rapid progress and are expected to lead the next cycle of battery technology iteration.
Xinyi Glass Sets Board Meeting for Interim Results
Xinyi Glass (00868.HK) held a board of directors meeting on July 31 to approve its interim performance.
Xinyi Glass (00868.HK) announced on July 19 that the company will hold a board of directors meeting on Wednesday, July 31, 2024 to approve (including) the publication of the group's mid-term performance for the six months ending on June 30, 2024, and to consider recommending the distribution of mid-term dividends (if any).
XINYI GLASS: NOTICE OF BOARD MEETING
HK Stocks Concept Tracking | Multiple photovoltaic giants win bilion-dollar orders in Saudi Arabia! Increased demand for photovoltaics in the Middle East brings new opportunities for going global (concept stocks attached).
Recently, several photovoltaic giants have announced the establishment of joint ventures with Saudi Arabia to invest in photovoltaics and energy storage projects. As of now, the total order amount has reached hundreds of billions of yuan.
Is It Too Late To Consider Buying Xinyi Glass Holdings Limited (HKG:868)?
HK stocks are fluctuating. PV stocks continue to decline due to overcapacity in the industry, dragging down the prices of main materials. Prices in multiple segments have fallen below the cash cost.
Zhixing Finance APP learned that photovoltaic stocks continued to slump. As of press time, Xinyi Solar (00968) fell 6.11%, at HKD 3.69; Irico Newenergy (00438) fell 5.45%, at HKD 3.12; Flat Glass (06865) fell 5.39%, at HKD 10.88; Xinyi Glass (00868) fell 2.34%, at HKD 8.36. Central China Securities pointed out that affected by overcapacity in the industry, the prices of photovoltaic main materials have dropped sharply, and the prices of multiple links have fallen below the cash cost. Photovoltaic companies have continuously laid off employees, closed production lines, and reduced operating rates. The industry has entered a phase of capacity reduction.
HK stocks anomalous | PV stocks continue to decline, module demand continues to weaken, institutions expect the annual module production growth rate to be only single digits.
Photovoltaic stocks continue to decline recently. As of press time, Xinyi Glass (00868) fell 5.71% to HK$8.58; Xinyi Solar (00968) fell 3.25% to HK$3.87; Flat Glass (06865) fell 2.52% to HK$11.6 and Xinte Energy (01799) fell 0.51% to HK$7.8.
Xinyi Glass Likely Improved Float Glass Business Margin -- Market Talk
Xinyi Glass Target Price Raised to HK$10.00 From HK$9.00 by Daiwa Capital Markets >0868.HK
Returns At Xinyi Glass Holdings (HKG:868) Appear To Be Weighed Down
Photovoltaic power stocks rose collectively, and Flat Glass (06865) rose by 5%. Institutions pointed out that the photovoltaic industry is expected to enter a positive cycle of stable prices and increasing quantity.
Golden Treasury | Photovoltaic solar stocks are collectively rising. As of the time of writing, Flat Glass (06865) rose by 5%, Xinyi Glass (00868) rose more than 4%, Xinyi Solar (00968) rose by 3.86%, Triumph New En (01108) rose more than 1%. In terms of news, GTJA Securities released a research report stating that looking ahead, the photovoltaic industry is expected to enter a positive cycle of stable prices and rising demand: silicon material prices have bottomed out and stabilized the prices of the entire industry chain; after the industry prices stabilize, demand will increase and component production will improve, and the low inventory level is expected to drive up prices and promote further upward production chain scheduling. The current photovoltaic industry
Could The Market Be Wrong About Xinyi Glass Holdings Limited (HKG:868) Given Its Attractive Financial Prospects?
Jibang Consulting: The photovoltaic industry chain continues to reduce production and clear out inventory. The decision of post-SNEC manufacturers' production and scheduling is particularly crucial.
Due to downstream demand falling back and high silicon wafer inventory, coupled with the approach of Q2 financial reporting season, manufacturers face increased pressure to clear inventory, leading to relatively weak bargaining power for silicon wafer prices. It is expected that prices will remain low in the short term, with consolidation at low levels.
SNEC Photovoltaic Exhibition opens, photovoltaic power stocks rise collectively. GCL Tech (03800) rose by 4.48%.
Jingu Finance | SNEC PV Exhibition was held, and photovoltaic power stocks collectively rose. Comtec Solar (00712) rose by 5.92%, GCL New Energy (00451) rose by 4.71%, GCL Technology (03800) rose by 4.48%, Xinyi Energy (03868) rose by 3.54%, Xinyi Glass (00868) rose by 2.8%, Fuyao Glass (03606) rose by 1.35%, Xinte Energy (01799) rose by 1.17%. In terms of news, the 17th (2024) International Solar PV and Smart Energy (Shanghai) Exhibition of SNEC will be held in
Hong Kong stocks turmoil | Photovoltaic stocks rebounded in early trading, SNEC Photovoltaic Exhibition opened, and the industry's fundamentals are expected to improve marginally.
Photovoltaic stocks rebounded in the morning. As of press time, GCL NewEnergy (00451) rose 4.71% to HKD 0.445; GCL Tech (03800) rose 4.48% to HKD 1.4; Xinyi Glass (00868) rose 3.38% to HKD 8.86.
Xinyi Glass (00868) will distribute a final dividend of HK$0.37 per share on August 7th.
According to the announcement released by Xinyi Glass (00868) on its Zhitong Finance APP, the company will distribute a final dividend of HKD0.37 per share on August 7, 2024.
XINYI GLASS: SCRIP DIVIDEND SCHEME FOR THE FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2023 CALCULATION OF MARKET VALUE
Hong Kong stocks fluctuate: photovoltaic stocks continue to fall, and some companies adjust their Southeast Asian production plans. The industry is expected to accelerate its clearing.
Photovoltaic stocks continue to fall recently. As of press time, Xinyi Glass (00868) fell by 4.66%, to HK$8.79; Irico Newenergy (00438) fell by 3.79%, to HK$3.55; Xinyi Solar (00968) fell by 2.48%, to HK$4.32; Flat Glass (06865) fell by 2.34%, to HK$14.22.
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