The largest photovoltaic event in history! SNEC 2024 is about to be held, and these highlights are previewed.
"The next 'photovoltaic' will still be in photovoltaics, but it will not be a repetitive production factory, but a source of innovation, a technology accelerator and an ecological integration tropical rainforest." On the eve of the 17th International Solar Energy Photovoltaic and Intelligent Energy (Shanghai) Conference and Exhibition (SNEC 2024), JinkoSolar Chairman Li Xian-De said in a published article.
Two giants are associated! The subsidiary of "Prince Ning" acquired a subsidiary of Longi Green Energy Technology.
①Longi Green Energy's Securities Department stated that this is a normal business model in the industry; ②Industry insiders said that it will help Longi quickly recover capital; ③Contemporary Amperex Technology has recently established subsidiaries intensively, involving wind power, photovoltaics, electrical utilities, new energy technology research and development, etc.
Malaysia's factories are all in production. The announcement for the disclosure of news reported by the media on the 120 billion photovoltaic leading company is presented in a post-market announcement summary.
Tianfeng Securities: Provided a total guarantee of USD 350 million for the issuance of US dollar bonds by Tianfeng International and others.
Hong Kong Market Speed Watch | The three major indices all fell, with the technology index falling nearly 2%; network technology and photovoltaic power stocks declined, Bilibili fell more than 4%, and Xinyi Solar fell nearly 6%.
Wind power stocks are rising, Datang Renew is up over 7%, China Longyuan is up over 5%; Apple suppliers are mostly down, Cowell is down nearly 9%, BYD Electronic is down over 5%.
At the end of the first quarter, mmf funds still had 57.3 billion yuan, and Longi Green Energy is going to issue bonds worth billions of yuan again.
Longi Green Energy Technology announced that it plans to publicly issue RMB 10 billion enterprise bonds. As of the end of the first quarter of this year, Longi Green Energy Technology still had RMB 57.314 billion in monetary funds. The company's chairman mentioned that 2024 will be the most difficult year for Longi in the past decade.
According to the data analysis, for 16 consecutive days, Northbound capital has increased its stake in China Yangtze Power, and the activity of first-tier gaming companies continues to freeze.
China Yangtze Power ranked first with a net buy of 434 million yuan in the top ten transactions of Shanghai and Shenzhen stock connect. The stock has been a net buy for 16 consecutive trading days. Short-term capital activity is still low, with only Shanghai Belling Corporation, Ltd. receiving a first-tier institutional investor's net buy of over 20 million yuan today.
Photovoltaic leading companies are deeply affected by the production suspension crisis. Under the pressure of tariff increases, what is the future of their overseas business? | In-depth analysis.
Southeast Asian photovoltaic manufacturers are deeply involved in the production suspension storm.
IEA: Global clean energy investment is expected to reach 2 trillion dollars this year, with China being the biggest contributor.
IEA predicts that global spending on clean energy is expected to reach $2 trillion this year, nearly double the investment in fossil fuels during the same period. IEA also points out that investment in clean energy in emerging and developing economies (excluding China) is still limited, while the growth of major oil and gas investments globally still comes from the Middle East and Asia.
No positive response to the rumor of production shutdown in Southeast Asia, a new round of "double reverse" may be imminent. Will Longi Green Energy face setbacks in exports to the United States again?
Regarding the rumors of reduced production and shutdowns in battery and component factories in Southeast Asia, Longi Green Energy responded to a Caixin journalist's inquiry that specific details are still being discussed with overseas business partners. The US may continue to launch another round of anti-dumping and countervailing duty investigations on Southeast Asian photovoltaic products, making it more difficult for the export of Southeast Asian photovoltaic products to the US.
New progress in the Middle East plant construction plan! GCL Tech plans to collaborate with UAE sovereign fund to build a granular silicon project.
GCL Tech announced on Monday night that it has partnered with Abu Dhabi sovereign fund Mubadala to explore cooperation in developing the first polycrystalline silicon project in the UAE through their respective subsidiaries.
Read it in one picture | The list of Hong Kong stocks for May Bulls and Bears has been released! Longyuan Electric Power and GCL Energy increased by about 30% during the month
BYD Electronics increased by more than 30% this month and was included in the Hang Seng Index. The agency said it benefited from the sale of the new iPad; Jinhui Holdings surged nearly 83% in one day, with a cumulative increase of more than 40% during the month, and has settled all credit bonds issued on the open market.
AI “eats electricity” violently, and the energy transition is imminent! Photovoltaic solar racetracks are rising
As the energy boom spawned by AI continues to ferment, photovoltaic solar racetracks are also gradually “emerging.” In just over a month, the US PV stock No. 1 Solar has increased by more than 50%, and GCL Technology, a leading Hong Kong stock company, has also surged in volume.
The photovoltaic sector is now once again predicting pulsed “blood back” by leading module manufacturers: bottoming out of profits indicates that an inflection point is approaching
① With the accelerated clearance of backward production capacity, recovery in demand, and implementation of relevant policies, the photovoltaic industry is expected to gradually return to a healthy development path; ② Jinko Energy believes that bottoming out of profits in all sectors is a time when an inflection point has arrived. Losses of more than 70% of enterprises in the first quarter indicate that the inflection point is approaching. Trina Solar believes that the number of new installations will continue to increase in the second half of the year.
Hong Kong Stock Afternoon Review | The three major indices fell sharply, and the Tech Index fell nearly 2%; Technet stocks generally fell, Meituan fell more than 4%, photovoltaic solar stocks rose, and GCL Technology rose more than 9%
Biotech stocks weakened; Corning Jerry Pharmaceuticals fell nearly 40%; Kangfang Biotech fell more than 10%; non-ferrous metals stocks rose one after another. China's Hongqiao rose more than 3%, and Luoyang Molybdenum industry rose more than 2%.
Intraday Overview | The three major indices of Hong Kong stocks all fell by more than 1%. The photovoltaic solar sector rose against the market, and GCL Technology rose nearly 7%
The Hang Seng Index fell 1.47%, the Tech Index fell 1.87%, and the China Index fell 1.41%; popular Technet stocks fell; JD, Ali, and Meituan fell more than 3%; and Shangtang rose more than 7%.
【数据看盘】北向资金连续6日加仓长江电力 IC、IM期指多头大幅加仓
①今日盘中再创历史新高的长江电力获北向资金净买入超5亿,该股已连续6个交易日获净买入。 ②IC主力合约多头加仓超千手,空头小幅减仓;IM主力合约多头加仓超4000手,加仓数量明显大于空头。
What are the benefits of a surge in photovoltaics? The industry's extremely low price accelerates supply clearance, and the bottom window for the mid-cycle has already appeared
This afternoon, PV concept stocks set off a wave of ups and downs. The rapid rotation of various themes and styles has become the main direction of capital inflows. Longji Green Energy received a net purchase of more than 1 billion dollars from the main capital, and TCL Central received a net purchase of more than 600 million dollars. Northbound and institutional capital appeared on the Dragon Tiger list after the market. What are the factors behind the collective rise in various sectors of the photovoltaic industry?
Chinese assets have ushered in a lot of good news!
Today, although the major indices of A-shares and Hong Kong stocks have not increased much, individual stocks have shown a general upward pattern. The money-making effect on the market is obvious, and concept stocks such as PV, real estate, and AI PCs have collectively strengthened.
A quick look at the Hong Kong market | The trends of the three major indices diverged. Auto stocks and photovoltaic solar energy stocks strengthened. After that, Xiaopeng Motor rose more than 13%, and Xinte Energy rose more than 17%
The trend of TechNet shares was divided. Kuaishou rose more than 2% and NetEase fell more than 3%; gold stocks continued to recover, and China Gold International and Lingbao Gold fell more than 4%.
Hong Kong Stock Afternoon Review | The three major indices rose sharply, domestic housing stocks and auto stocks strengthened. Zhuguang Holdings rose more than 26%, and Xiaopeng Motor rose more than 13%
The trend of TechNet shares was divided. Bilibili rose more than 2%, NetEase fell nearly 3%; beer stocks declined, China Resources Beer fell more than 3%, and Tsingtao Brewery shares fell nearly 2%.