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Hong Kong stocks movement | Solar energy stocks warmed up in the morning, with multiple links in the Industry Chain experiencing price increases. Institutions state that the basic situation of the Industry is at an upward turning point at the bottom.
In the morning session, solar stocks are rebounding. As of publication, XINYI SOLAR (00968) is up 3.82%, trading at HKD 3.26; GCL TECH (03800) is up 3.7%, trading at HKD 1.12; FLAT GLASS (06865) is up 3.46%, trading at HKD 11.96; XINYI ENERGY (03868) is up 1.32%, trading at HKD 0.77.
TRENDZON HLDG (01865) intends to diversify its services and expand its Business portfolio.
TRENDZON HLDG (01865) announced that the Group plans to diversify its services and expand its business portfolio. The acquisition of GCL will help the Group's Energy Business and Intelligent Manufacturing Business development, and strengthen the Group's positioning in the energy sector and Intelligent Manufacturing, making it a major player in the clean energy market.
GCL Technology Receives Full Payment for Share Placement
GCL TECH (03800.HK) has completed the placement of a total of 1.56 billion shares, raising a net amount of 1.53 billion Hong Kong dollars.
On January 6, Glonghui reported that GCL TECH (03800.HK) announced the placement of up to 1.56 billion shares of the company ("Placement"). The placement was completed on January 3, 2025. A total of 1.56 billion shares (equivalent to approximately 5.48% of the issued share capital after the placement shares are allocated and issued) have been placed to no less than six placees.
Sinolink: A turning point in Photovoltaic Glass inventory has emerged, pay attention to the downstream component factory restocking demand after the Spring Festival.
The inventory turning point in the Photovoltaic Glass Industry has been observed, expecting a price turning point, and focusing on the demand for downstream component manufacturers to restock after the Spring Festival.
Hong Kong stocks are showing unusual movements | Photovoltaic stocks recovered in the morning session. Currently, the silicon wafer supply side is tight, and this week the silicon wafer prices have begun to rise.
In the early trading hours, solar stocks warmed up. As of the time of writing, FLAT GLASS (06865) rose by 4.1%, reporting at 11.4 Hong Kong dollars; GCL TECH (03800) rose by 2.83%, reporting at 1.09 Hong Kong dollars; XINYI SOLAR (00968) rose by 2.71%, reporting at 3.03 Hong Kong dollars; GCL NEWENERGY (00451) rose by 1.04%, reporting at 0.485 Hong Kong dollars.