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Trending Industry Today: TIANNENG POWER Leads Gains In Electrical Equipment Stocks
Investors Still Aren't Entirely Convinced By Xinyi Solar Holdings Limited's (HKG:968) Earnings Despite 38% Price Jump
【Brokerage Focus】Guoyuan International pointed out that the prices and corporate profits of the photovoltaic industry chain have bottomed out. The release of end-demand is expected to drive prices back.
Jingu Finance News | Guoyuan International issued research reports, indicating that the overall domestic and export demand for photovoltaics in the second half of the year is weak, and the peak season is not strong. As the National Day holiday approaches, module factories are expected to adjust production plans under the background of exhausted terminal demand; in order to avoid inventory backlog, manufacturers are relatively cautious in their production plans. Recently, price cannibalization has reappeared, with limited existing demand, manufacturers are gradually lowering prices in order to compete for orders. As the maintenance of upstream silicon materials is completed, the supply is more abundant than expected, while the operating rate of silicon wafers decreases during the same period, resulting in a much larger decrease in demand for polysilicon compared to supply growth. The phased mismatch between supply and demand is gradually becoming evident, with inventory continuing to increase.
Trending Industry Today: XINYI SOLAR Leads Gains In Solar Power Stocks
Hong Kong stock concept tracking | Before the National Day holiday, the prices of the photovoltaic industry chain remained stable, and after sufficient industry chain adjustments, the bottom was formed for an upward trend (including concept stocks).
Photovoltaic supply-demand imbalance, effective clearance signals are expected to appear in the first half of 2025.
Trending Industry Today: XINYI SOLAR Leads Gains In Electrical Equipment Stocks
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COWmustMoo OP : looks like the tides is turning..