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The annual conference of the photovoltaic industry is approaching, with continuous improvement on both the supply and demand sides. These concept stocks are frequently researched.
The 2024 annual conference of the photovoltaic industry will be held in Yibin City, Sichuan Province from December 4th to 6th.
Hong Kong stocks abnormal movement | Photovoltaic stocks collectively declined, the market believes that Trump coming to power is unfavorable for the cecep solar energy industry
Trump's election as the President of the United States is believed to be unfavorable for the cecep solar energy industry. The next night, many solar energy stocks in the USA plummeted, dragging down the photovoltaic stocks in the Hong Kong stock market today.
HK stock market anomaly | Solar stocks plummeted in early trading, Trump's victory may reduce green energy subsidies in the USA, institutions say the industry chain still needs to be cleared and resolved.
Photovoltaic stocks plummeted in the morning session. As of the time of publication, Xinte Energy (01799) fell by 5.22% to HK$9.07; Xinyi Solar (00968) fell by 5.19% to HK$3.47; flat glass (06865) fell by 4.97% to HK$12.98; Fuyao Glass (03606) fell by 1.16% to HK$55.3.
china securities co.,ltd.: The bottom of the photovoltaic industry is basically confirmed, and the incremental certainty of the power equipment network is strong.
In Q3, the new energy sector saw a sharp decline in construction projects on a month-on-month basis, while the lithium battery and photovoltaic sectors stabilized their income and profit at the bottom, with demand remaining stable and supply contracting. Although many links still face the reality of supply-demand imbalance, the gross margin levels of photovoltaics, lithium batteries, and wind power are at historically low levels, but the dawn has already appeared.
Chinese Solar Firms, Ever-nimble, Go Further Afield Where US Tariffs Don't Reach
Xinte Energy (01799.HK) received a jpmorgan shareholding of 1.8834 million shares.
On November 4th, according to the latest equity disclosure information from the Hong Kong Stock Exchange, on October 29, 2024, xinte energy (01799.HK) received JPMorgan Chase & Co.'s shareholding of 1.8834 million shares at an average price of HK$12.2698 per share, involving approximately HK$23.1087 million. After the shareholding, JPMorgan Chase & Co.'s latest shareholding amount is 18.98251 million shares, and the shareholding percentage increased from 4.54% to 5.04%.
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