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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)?
Xinyi Glass Holdings Limited (HKG:868), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the SEHK. Shareholders may
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
0756 GMT - Xinyi Glass will likely deliver a better margin for its float glass business in 1H, Daiwa Capital Markets analysts say in a report. They raise the stock's target price to HK$10.00 from HK$9
Xinyi Glass Target Price Raised to HK$10.00 From HK$9.00 by Daiwa Capital Markets >0868.HK
Xinyi Glass Target Price Raised to HK$10.00 From HK$9.00 by Daiwa Capital Markets >0868.HK
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James_Tan : J Lim, what stock screener are you using to filter out US and HK stock ?
102375529 : nice chart.. price break up ma200. thanks.
professor J.Lim sharing this stock.
I c the price may retest 9.1 to form the double bottom.