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Trending Industry Today: TIANNENG POWER Leads Losses In Electrical Equipment Stocks
Hong Kong stocks are moving differently | The decline of solar stocks has widened in the afternoon. The inward competition in the solar industry has not been fundamentally resolved, and the new installed capacity of solar energy in the country may decline
In the afternoon, the decline of solar stocks expanded. As of the time of writing, XINYI SOLAR (00968) fell 5.56%, trading at 3.4 Hong Kong dollars; XINYI ENERGY (03868) dropped 3.57%, trading at 0.81 Hong Kong dollars; XINTE ENERGY (01799) declined 2.47%, trading at 7.12 Hong Kong dollars; and FLAT GLASS (06865) decreased by 1.31%, trading at 13.62 Hong Kong dollars.
Express News | JPMorgan Chase & Co's Long Position in H Shares of Flat Glass Group Decreases to 7.55% on Feb 21 From 8.36% - HKEX
Some Photovoltaic Power stocks are under pressure, FLAT GLASS (06865) fell by 3.12%. Industry associations predict that this year's new photovoltaic installations may decline year-on-year.
Jinwu Financial News | Some Photovoltaic Power stocks are under pressure, SOLARGIGA (00757) fell by 3.85%, FLAT GLASS (06865) fell by 3.12%, XINYI SOLAR (00968) fell by 2.24%, XINTE ENERGY (01799) fell by 1.74%, and GCL TECH (03800) fell by 1.55%. On the news front, at the seminar reviewing the development of the Industry in 2024 and outlook for 2025, the China Photovoltaic Industry Association predicted that China's new installed capacity in Photovoltaic will reach 215-255 GW in 2025. In 2024, the new installed capacity in China will be 277.5.
The main line of Technology continues to evolve, and the AI computing power sector is expected to gain strength.
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Hong Kong stocks closed (02.26) | The Hang Seng Index rose by 3.27%, with Technology stocks performing strongly throughout the day and China-Affiliated Brokerage stocks soaring significantly.
Hong Kong's latest fiscal budget has been announced, and the Hong Kong stock market has surged today, with the Hang Seng Index soaring to a high of 23,973 points. The Hang Seng TECH Index briefly broke through 6,000 points, both reaching new highs for this period.
