Tianfeng: Bullish on new technologies in the photovoltaic industry and the direction of supply-side reforms, with a focus on recommending global energy storage leaders.

It is highly recommended to focus on companies that have already established a presence in the Asia, Africa, and Latin America markets, which are expected to achieve performance elasticity by following the incremental market in these regions. One characteristic of the solar energy storage market in the USA is an excellent competitive landscape and strong profitability.

Zhitong Finance20:38 ET

[Brokerage Focus] Jianyin International maintains a "Outperform" rating on XINYI SOLAR (00968), indicating that it may be among the first to benefit from the rebound in supply chain prices in the first half of the year.

Jinwu Financial News | Jianyin International's Research Reports indicate that XINYI SOLAR (00968) is expected to have a lackluster performance in the 2024 fiscal year due to the extremely low average selling price (ASP) of solar Glass. Excluding the impairment of solar Glass production facilities, inventory impairment, and other one-time items, the bank estimates its core profit will decline by 54% year-on-year, to 1.85 billion RMB. The bank noted that from the beginning of this year until now, XINYI SOLAR's inventory control has been better than expected. Due to the increase in module production and customers anticipating a rise in glass prices later this quarter, there has been no inventory backlog during the Spring Festival holiday.

Jin Wu Financial NewsMar 4 02:22 ET

China International Capital Corporation: There are differences in the demand for photovoltaics throughout the year. Attention should be paid to the short-term price increases and new technology opportunities.

At the same time, as expectations for the implementation of supply-side reform policies in the photovoltaic, Steel, and other Industries approach, the market is seeing a preference for high-position Sectors over low-position Sectors.

Zhitong FinanceMar 4 00:56 ET

Hong Kong stocks movement | XINYI SOLAR (00968) rises over 3%, with impairment and exchange losses dragging down performance. Citibank predicts its profit margin will improve starting from March.

XINYI SOLAR (00968) rose over 3%, currently up by 3.08% at 3.68 Hong Kong dollars, with a trading volume of 0.175 billion Hong Kong dollars.

Zhitong FinanceMar 3 21:51 ET

[Brokerage Focus] CITIC SEC: Looking positively at the photovoltaic Sector from four dimensions. It is recommended to pay attention to leading enterprises that drive technological advancements and the Industry Chain, among others.

CITIC SEC believes that the photovoltaic Sector is worth paying special attention to, and the firm is optimistic about the photovoltaic Sector from four dimensions: Industry Chain prices, Industry demand expectations, supply-side policies, and changes in industry details.

Jingu Financial NewsMar 3 19:50 ET

The short-term emergence of the new energy sector in the Hong Kong stock market, with photovoltaic and lithium battery production in March showing month-on-month increases.

① The short-term surge in the Hong Kong stock market's New energy Fund sector, which stocks are attracting the most investor attention? ② The production scheduling of photovoltaic lithium batteries shows a month-on-month increase in March, how strong is the demand recovery?

cls.cnMar 3 03:57 ET