Hong Kong-listed photovoltaic stocks collectively trended higher, with expectations of continued recovery in photovoltaic profitability. Space-based photovoltaics are set to receive significant catalysts.
The rapid development of energy storage will promote the consumption of photovoltaic power, enhance economic efficiency, and it is expected that the global photovoltaic market will return to a positive growth track starting from 2027, with photovoltaic-energy storage synergy becoming the core driving force.
H-share Movement | Photovoltaic stocks extended gains in the afternoon, with Xinjiang Xinte Energy (01799) rising nearly 9% and JunDa Shares (02865) surging over 6%.
Photovoltaic stocks extended their gains in the afternoon. As of press time, Xinjiang Xinte Energy (01799) rose 8.83% to HKD 6.78; JunDa Co., Ltd. (02865) climbed 6.69% to HKD 33.18; Xinyi Solar (00968) gained 2.76% to HKD 2.98; and GCL Technology (03800) increased by 2.13% to HKD 0.96.
Xinte Energy's Losses Narrow in 2025; Shares Up 4%
XINTE ENERGY: Annual Report 2025
Xinte Energy (1799.HK): Achieved Positive Profit in Q1 2026, Focus on Bottom Reversal Opportunity
According to the company announcement, for the three months ended March 31, 2026, the company achieved operating revenue of RMB 3.899 billion, operating costs of RMB 3.134 billion, and net profit attributable to shareholders of the listed company of RMB 0.2 billion.
The green electricity concept in Hong Kong stocks strengthened, with Xinte Energy surging nearly 12% as multiple regions introduced favorable policies to enhance consumption capacity.
①Which individual stocks showed active performance as the green power concept in Hong Kong's stock market strengthened in the short term? ②The introduction of favorable policies in multiple regions to enhance consumption capacity will have what profound impact on the industrial chain?
Xinte Energy rose, turning a profit of 2.28 billion yuan in the first quarter after reversing losses, with revenue increasing by 21.8% year-on-year.
Xinte Energy (01799) surged over 6%. As of the time of writing, it was up 6.64%, trading at HKD 6.26, with a turnover of HKD 3.8848 million.
XINTE ENERGY: ANNOUNCEMENT - UNAUDITED CONSOLIDATED RESULTSFOR THE THREE MONTHS ENDED 31 MARCH 2026
Xinte Energy (01799): Ou Yongxian has been appointed as Joint Company Secretary, Authorized Representative, and Legal Process Agent.
Xinjiang Tebian Electric Apparatus Stock Co., Ltd. (01799) announced that Ms. Chen Yanhua has resigned from her positions as the company's joint company secretary, authorized representative as stipulated under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and agent for receiving legal proceedings documents and notices in Hong Kong as required by Rule 19A.13(2) of the listing rules and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong). These changes will take effect starting April 24, 2026.
Xinjiang Tebian Electric Apparatus Stock Co., Ltd. (01799.HK): Wei Ping Chen has resigned as an independent non-executive director.
Gelonghui, April 24th: Xinte Energy (01799.HK) announced that Chen Weiping, an independent non-executive director of the fifth board of directors, intends to resign from his position as a director due to personal health reasons. Chen Weiping will also cease to be a member of the Board's Strategy Committee, Nomination Committee, Remuneration and Evaluation Committee, and Audit Committee. His resignation will become effective on the date when a new independent non-executive director is elected at the company’s 2025 Annual General Meeting. Until then, Chen Weiping will continue to fulfill his duties as an independent non-executive director and a member of the board committees. After deliberation and approval by the board of directors, Shan Jian’an has been nominated as a candidate for independent non-executive director and the board.
National Energy Administration: As of the end of March, the cumulative installed power generation capacity nationwide reached 3.96 billion kilowatts, a year-on-year increase of 15.5%.
On April 23, the National Energy Administration released the national electricity statistics for January to March.
Express News | Premier Li Qiang emphasized accelerating the construction of clean energy bases such as wind and solar power in Northwest China, while vigorously promoting distributed photovoltaic systems and decentralized wind power projects.
H Share Movement | XinTe Energy (01799) rose over 8% in early trading; April polysilicon production may fall short of previous expectations.
Xinte Energy (01799) surged over 8% during early trading and, as of the time of writing, had risen by 7.12%, reaching HKD 5.72. The transaction volume amounted to HKD 10.1159 million.
Xinte Energy rose, driven by revised trading rules and expectations of anti-internal competition measures, with polysilicon futures surging to the daily limit in afternoon trading.
Xinte Energy (01799) surged nearly 7% in the afternoon session. As of the time of writing, it was up 5.96%, trading at HKD 5.51, with a turnover of HKD 13.6466 million.
Goldman Sachs: Three Key Insights from the Middle East Energy Shock – Structural Bullish Outlook for Photovoltaics, Strengthened Coal Demand, and Pressure on Developing Countries
The Middle East conflict is reshaping the global energy landscape, with solar power and coal potentially emerging as the biggest winners. Analysts Hongcen Wei, Daan Struyven, and Samantha Dart from Goldman Sachs stated in their latest report that if the conflict persists, high-income importing countries will leverage their purchasing power to secure energy resources, while low-income nations such as Bangladesh and Pakistan may lose out in bidding wars, facing the risk of dual disruptions in energy supply and manufacturing. Rising import costs and concerns over energy security are driving a global acceleration toward localized energy solutions, with solar power becoming a structurally bullish trend. Meanwhile, parts of South Asia and Southeast Asia...
SpaceX's renewed push for an IPO has reignited enthusiasm for 'space solar power,' driving short-term activity in related concept stocks listed in Hong Kong.
①SpaceX's renewed push for an IPO has reignited the "space solar power" boom. What are the key highlights? ②Which individual stocks in the Hong Kong stock market have garnered attention from investors amid the active performance of related concept stocks?
Xinte Energy (1799.HK): Earnings Below Expectations as Suspension of Production Capacity Reserve Causes Polysilicon Price Decline
Earnings below expectations: The company reported a net loss of RMB 950 million in the second half of 2025, representing a year-on-year narrowing of 69% and a quarter-on-quarter increase of 270%. Performance fell short of our expectations. The average tax-inclusive selling price of polysilicon was approximately RMB 43,000 per ton, marking a quarter-on-quarter increase.
The decline in photovoltaic stocks will be significantly exacerbated by the cancellation of photovoltaic tax rebates, which will substantially increase module costs.
Photovoltaic stocks continued to decline. As of the time of writing, Flat Glass Group (06865) fell 6.04%, trading at HKD 8.56; Xinjiang TBEA Energy (01799) dropped 5.5%, trading at HKD 5.15; Xinyi Solar (00968) fell 2.98%, trading at HKD 2.93; Kaisheng New Energy (01108) declined 2.62%, trading at HKD 3.71.
Express News | The State Administration for Market Regulation: Comprehensive use of various anti-unfair competition measures to focus on preventing and treating 'internally competitive' practices in key industries and sectors such as platform economy, photovoltaics, lit
The entire photovoltaic stock sector declined as the anticipated cancellation of export tax rebates for photovoltaic products failed to materialize, and the expected rush in exports did not occur.
The photovoltaic sector declined across the board. As of press time, Xinjiang Xinte Energy (01799.HK) fell by 7.13% to HKD 5.34; JunDa Co., Ltd. (02865.HK) dropped by 6.79% to HKD 26.64; Flat Glass Group (06865.HK) decreased by 6.62% to HKD 8.89; and Xinyi Solar (00968.HK) slipped by 4.78% to HKD 2.99.