HK Stocks Surge | Fuyao Glass (03606) up over 3%, improved product structure may drive gross margin increase, major bank raised company's target price.

Fuyao Glass (03606) rose more than 3%. As of press time, it rose by 3.35% to HKD 46.25, with a turnover of HKD 120 million.

Zhitong FinanceJun 26 03:41 ET

DBS: Maintains Fuyao Glass (03606) "in line with the market" rating, target price raised to HKD39.

Daiwa has raised its earnings per share forecast for Fuyao Glass for fiscal years 2024/25 by 3% and 5%, respectively.

Zhitong FinanceJun 25 22:19 ET

Fuyao Glass Industry Group (SHSE:600660) Seems To Use Debt Rather Sparingly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' When we think about how

Simply Wall StJun 22 21:18 ET

Hong Kong stocks fluctuate: photovoltaic stocks continue to fall, and the manufacturing capacity of the photovoltaic manufacturing industry is in excess. Institutions expect it will take some time to complete the adjustment.

According to the Zhitong Finance APP, photovoltaic stocks continue to decline recently. As of press time, Flat Glass (06865) fell by 3.93% to HKD 12.7, Xinyi Solar (00968) fell by 2.7% to HKD 4.32, Fuyao Glass (03606) fell by 1.16% to HKD 42.65, and Xinte Energy (01797) fell by 0.8% to HKD 8.71. On the news side, Li Chuangjun, director of the New Energy and Renewable Energy Department of China's National Energy Administration, stated at a series of themed press conferences on "promoting high-quality development" held by the State Council Information Office on the 20th that the competition in China's photovoltaic industry is fierce and will

Zhitong FinanceJun 20 22:26 ET

Photovoltaic power stocks are under pressure. Flat glass (06865) fell by 3.93% due to institutional concerns about overcapacity in photovoltaic manufacturing. The industry has entered a winter period.

Photovoltaic solar energy stocks were under pressure, with Sfce (01165) down 6.45%, Flat Glass (06865) down 3.93%, Xinyi Solar (00968) down 2.7%, Gcl Tech (03800) down 2.29%, and Fuyao Glass (03606) down 1.04%. According to a research report from Central China Securities, the financial pressure on companies caused by the oversupply of production capacity, excessive industry competition, product homogenization, and significant price declines in the photovoltaic manufacturing sector has become apparent. The industry has entered a winter period, with capacity clearance underway, but considering the industry adjustment time and the previous round of capital reserves.

金吾財訊Jun 20 22:24 ET

What is the future of the deep connection between Kelu Corporation's IPO and Fuyao Glass?

The proportion of new energy product revenue is increasing. On April 11, Zhang Wei of "Investor Net" reported that the China Securities Regulatory Commission approved the registration of Hebei Keli Automotive Equipment Co., Ltd. (hereinafter referred to as "Keli Shares" or "Company") for its initial public offering (IPO). Thus, Keli Shares' IPO process, which lasted for nearly two years, has finally achieved interim results, and the company is getting closer to listing. According to the official website of the Shenzhen Stock Exchange, Keli Shares' application for listing on the Growth Enterprise Market (GEM) was accepted on May 26, 2022, and was approved for deliberation on January 12th, 2023 after two rounds of inquiries. However, it wasn't until a year later, on January 29 of this year, that...

China InvestorsJun 13 06:01 ET